{"id":309345,"date":"2020-01-08T10:20:00","date_gmt":"2020-01-08T04:50:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309345"},"modified":"2020-01-08T10:53:29","modified_gmt":"2020-01-08T05:23:29","slug":"omcs-aviation-stocks-slip-up-to-4-as-oil-prices-surge-on-us-iran-tensions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/omcs-aviation-stocks-slip-up-to-4-as-oil-prices-surge-on-us-iran-tensions\/","title":{"rendered":"OMCs, aviation stocks slip up to 4% as oil prices surge on US-Iran tensions"},"content":{"rendered":"<p>Oil-linked stocks across segments, such as oil marketing companies, paints, tyres and aviation firms, came under pressure on Wednesday after oil prices surged over 5 per cent after Iran fired rockets at an Iraqi airbase that hosts US military forces, stoking fears of sharp escalations in a developing conflict. Losses were, however, partially pared later as Iran said it would not escalate further if US doesn&#8217;t retaliate. <\/p>\n<p>Iran&#8217;s missile attacks on the Ain Al-Asad air base and another in Erbil, Iraq, early Wednesday came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears of a wider war in the Middle East. Brent Crude Futures was hovering around $69 per barrel-mark, up 1.35 per cent, around 9:50 am, while US West Texas Intermediate (WTI) was at $63.48 per barrel, up 1.2 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil-linked stocks across segments, such as oil marketing companies, paints, tyres and aviation firms, came under pressure on Wednesday after oil prices surged over 5 per cent after Iran fired rockets at an Iraqi airbase that hosts US military forces, stoking fears of sharp escalations in a developing conflict. Losses were, however, partially pared later as Iran said it would not escalate further if US doesn&#8217;t retaliate. Iran&#8217;s missile attacks on the Ain Al-Asad air base and another in Erbil, Iraq, early Wednesday came hours after the funeral of an Iranian commander whose killing in a US drone strike has [&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":[135,167,130],"tags":[],"class_list":["post-309345","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309345","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=309345"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309345\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}