{"id":308846,"date":"2020-01-04T12:12:03","date_gmt":"2020-01-04T06:42:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=308846"},"modified":"2020-01-04T12:12:03","modified_gmt":"2020-01-04T06:42:03","slug":"global-tensions-may-put-pressure-on-oil-import-bill","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/global-tensions-may-put-pressure-on-oil-import-bill\/","title":{"rendered":"Global tensions may put pressure on oil import bill"},"content":{"rendered":"<p>NEW DELHI : Crude oil prices jumped more than 4% on Friday, the highest since September, after a US airstrike killed a key Iranian military leader in Baghdad, fuelling concerns that escalating tensions between the Persian Gulf nation and the US may disrupt oil supplies.<\/p>\n<p>Brent crude price rose to $69.2 per barrel during the day, up 4.39% against the previous close of $66.3 per barrel.<\/p>\n<p>\u201cAfter easing of tensions between the US and China, and output cuts undertaken by OPEC and its allies, crude oil prices were already on a rally. Now, coupled with the US airstrike, the price of Brent has the potential to increase and cross the $70 a barrel mark in the coming few days, depending on the retaliation planned by the Iran government and the longevity of the feud continued by both the countries,&#8221; said Care Ratings in a note on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : Crude oil prices jumped more than 4% on Friday, the highest since September, after a US airstrike killed a key Iranian military leader in Baghdad, fuelling concerns that escalating tensions between the Persian Gulf nation and the US may disrupt oil supplies. Brent crude price rose to $69.2 per barrel during the day, up 4.39% against the previous close of $66.3 per barrel. \u201cAfter easing of tensions between the US and China, and output cuts undertaken by OPEC and its allies, crude oil prices were already on a rally. Now, coupled with the US airstrike, the price [&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-308846","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\/308846","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=308846"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308846\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=308846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=308846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=308846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}