{"id":294604,"date":"2019-10-01T11:25:49","date_gmt":"2019-10-01T05:55:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294604"},"modified":"2019-10-01T11:30:37","modified_gmt":"2019-10-01T06:00:37","slug":"oil-drops-as-saudi-eyes-solution-to-iran-crisis","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-drops-as-saudi-eyes-solution-to-iran-crisis\/","title":{"rendered":"Oil drops as Saudi eyes solution to Iran crisis"},"content":{"rendered":"<p>Oil prices fell more than one per cent on Monday after Saudi Arabia&#8217;s de facto leader said war with Iran would destroy the world economy and hinted instead at a non-military solution.<\/p>\n<p>Washington, Riyadh, Berlin, London and Paris blame Iran for attacks that damaged the Saudi oil sector on September 14 and forced the world&#8217;s largest crude exporter to sharply reduce production.<\/p>\n<p>Stock markets were mostly higher as traders tracked the latest twists and turns regarding the US-China trade war. The dollar was mixed against main rivals.<\/p>\n<p>&#8220;In terms of geopolitical concerns, common sense is prevailing for now in Saudi Arabia,&#8221; noted analyst Naeem Aslam at traders ThinkMarkets, in reference to the comments by Saudi Arabia&#8217;s crown prince in an interview with CBS show &#8220;60 minutes&#8221; broadcast over the weekend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell more than one per cent on Monday after Saudi Arabia&#8217;s de facto leader said war with Iran would destroy the world economy and hinted instead at a non-military solution. Washington, Riyadh, Berlin, London and Paris blame Iran for attacks that damaged the Saudi oil sector on September 14 and forced the world&#8217;s largest crude exporter to sharply reduce production. Stock markets were mostly higher as traders tracked the latest twists and turns regarding the US-China trade war. The dollar was mixed against main rivals. &#8220;In terms of geopolitical concerns, common sense is prevailing for now in Saudi [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,211,144],"tags":[],"class_list":["post-294604","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294604","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=294604"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294604\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}