{"id":279375,"date":"2019-06-22T06:34:53","date_gmt":"2019-06-22T06:34:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=279375"},"modified":"2019-06-22T06:34:53","modified_gmt":"2019-06-22T06:34:53","slug":"us-oil-prices-soar-10-in-the-week-on-fears-of-us-iran-conflict","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/us-oil-prices-soar-10-in-the-week-on-fears-of-us-iran-conflict\/","title":{"rendered":"US oil prices soar 10% in the week on fears of US-Iran conflict"},"content":{"rendered":"<p>NEW YORK: Oil futures rose about 1 per cent on Friday, with US crude up 10 per cent and global benchmark Brent gaining 5 per cent in the week, on fears the United States could attack Iran and disrupt flows from the Middle East, which provides more than a fifth of the world&#8217;s oil output. <\/p>\n<p>US gasoline futures, meanwhile, jumped 4 per cent following a massive fire at Philadelphia Energy Solutions&#8217; refinery in Philadelphia, the largest on the US East Coast.<\/p>\n<p>&#8220;The heightening of tensions between the United States and Iran has evolved as primary price motivator in spiking oil values,&#8221; Jim Ritterbusch of Ritterbusch and Associates said in a note. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: Oil futures rose about 1 per cent on Friday, with US crude up 10 per cent and global benchmark Brent gaining 5 per cent in the week, on fears the United States could attack Iran and disrupt flows from the Middle East, which provides more than a fifth of the world&#8217;s oil output. US gasoline futures, meanwhile, jumped 4 per cent following a massive fire at Philadelphia Energy Solutions&#8217; refinery in Philadelphia, the largest on the US East Coast. &#8220;The heightening of tensions between the United States and Iran has evolved as primary price motivator in spiking oil [&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":[130,191,136],"tags":[],"class_list":["post-279375","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279375","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=279375"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279375\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=279375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=279375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=279375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}