{"id":275182,"date":"2019-05-20T05:33:25","date_gmt":"2019-05-20T05:33:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=275182"},"modified":"2019-05-20T05:33:25","modified_gmt":"2019-05-20T05:33:25","slug":"oil-jumps-as-opec-signals-continued-cuts-and-us-threatens-iran","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-jumps-as-opec-signals-continued-cuts-and-us-threatens-iran\/","title":{"rendered":"Oil jumps as OPEC signals continued cuts and US threatens Iran"},"content":{"rendered":"<p>Oil started the week strongly after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while US tensions with Iran ratcheted up as President Donald Trump threatened the country in a tweet.<\/p>\n<p>Futures in New York rose as much as 1.7%, following a 1.8% gain last week. Saudi energy minister Khalid Al-Falih urged members of the alliance meeting in Jeddah to \u201cstay the course&#8221; on output cuts. Meanwhile, just weeks after the US increased sanctions pressure on Iranian crude exports, Trump tweeted \u201cIf Iran wants to fight, that will be the official end of Iran.&#8221;<\/p>\n<p>Oil has rallied about 40% this year as supply cuts have outweighed concerns about slowing demand growth caused by trade tensions between the U.S. and China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil started the week strongly after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while US tensions with Iran ratcheted up as President Donald Trump threatened the country in a tweet. Futures in New York rose as much as 1.7%, following a 1.8% gain last week. Saudi energy minister Khalid Al-Falih urged members of the alliance meeting in Jeddah to \u201cstay the course&#8221; on output cuts. Meanwhile, just weeks after the US increased sanctions pressure on Iranian crude exports, Trump tweeted \u201cIf Iran wants to fight, that will be the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-275182","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=275182"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275182\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}