{"id":309875,"date":"2020-01-10T12:09:49","date_gmt":"2020-01-10T06:39:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309875"},"modified":"2020-01-10T12:09:49","modified_gmt":"2020-01-10T06:39:49","slug":"oil-slumps-on-de-escalation-in-us-iran-tensions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-slumps-on-de-escalation-in-us-iran-tensions\/","title":{"rendered":"Oil slumps on de-escalation in US-Iran tensions"},"content":{"rendered":"<p>Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East, a major oil producing region, receded and investors switched their attention to economic growth prospects and demand for crude.<\/p>\n<p>Brent crude was down 14 cents, or 0.2%, at $65.23 at 0119 GMT, after falling more than 4% over the last two days. WTI was also down 14 cents, or 0.2%, at $59.42, after dropping slightly on Thursday and plunging around 5% on Wednesday.<\/p>\n<p>\u201cThe U.S. and Iran both appear to be trying to de-escalate \u2026 bringing the region back from the brink of war and reducing the risk of a major supply disruption to oil markets,\u201d Eurasia Group said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East, a major oil producing region, receded and investors switched their attention to economic growth prospects and demand for crude. Brent crude was down 14 cents, or 0.2%, at $65.23 at 0119 GMT, after falling more than 4% over the last two days. WTI was also down 14 cents, or 0.2%, at $59.42, after dropping slightly on Thursday and plunging around 5% on Wednesday. \u201cThe U.S. and Iran both appear to be trying to de-escalate \u2026 bringing the region back from the brink [&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":[130,195,138],"tags":[],"class_list":["post-309875","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309875","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=309875"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309875\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}