{"id":279227,"date":"2019-06-21T04:51:21","date_gmt":"2019-06-21T04:51:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=279227"},"modified":"2019-06-21T04:51:21","modified_gmt":"2019-06-21T04:51:21","slug":"oil-jumps-5-on-iran-tension-potential-us-federal-reserve-rate-cut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-jumps-5-on-iran-tension-potential-us-federal-reserve-rate-cut\/","title":{"rendered":"Oil jumps 5% on Iran tension, potential US Federal Reserve rate cut"},"content":{"rendered":"<p>Oil soared more than 5% on Thursday after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington.<\/p>\n<p>Expectations that the US Federal Reserve could cut interest rates at its next meeting, stimulating growth in the world\u2019s largest oil-consuming country, and a drop in US. crude inventories also supported prices.<\/p>\n<p>\u201cIt\u2019s a confluence of events: there\u2019s a looming easing cycle which is going to hit the dollar and prop up commodity prices and there are also the tensions with Iran,\u201d said John Kilduff, a partner at Again Capital Management in New York.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil soared more than 5% on Thursday after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington. Expectations that the US Federal Reserve could cut interest rates at its next meeting, stimulating growth in the world\u2019s largest oil-consuming country, and a drop in US. crude inventories also supported prices. \u201cIt\u2019s a confluence of events: there\u2019s a looming easing cycle which is going to hit the dollar and prop up commodity prices and there are also the tensions with Iran,\u201d said John Kilduff, a partner at Again Capital Management in New York.<\/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":[135,130,169],"tags":[],"class_list":["post-279227","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279227","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=279227"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279227\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=279227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=279227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=279227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}