{"id":348093,"date":"2020-04-24T12:14:32","date_gmt":"2020-04-24T06:44:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348093"},"modified":"2020-04-24T12:44:11","modified_gmt":"2020-04-24T07:14:11","slug":"oil-prices-gain-on-us-iran-tensions-mixed-day-for-global-stocks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-gain-on-us-iran-tensions-mixed-day-for-global-stocks\/","title":{"rendered":"Oil prices gain on US-Iran tensions, mixed day for global stocks"},"content":{"rendered":"<p>Oil prices jumped again Thursday on rising US-Iran tensions, lending support to equity markets despite another round of dreary economic data in the US, Europe and elsewhere. <\/p>\n<p>Iran&#8217;s Revolutionary Guards warned the US of a &#8220;decisive response&#8221; after President Donald Trump said Wednesday he ordered the US Navy to destroy Iranian boats that harass American ships in the Gulf.<\/p>\n<p>The back-and-forth led to a second straight big increase for benchmark US crude contract West Texas Intermediate, which gained 20 per cent to end at $16.50 a barrel.<\/p>\n<p>The benchmark crude collapsed Monday to an unprecedented low of minus $40.32, reflecting a supply glut that has left the US with little remaining empty crude storage capacity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices jumped again Thursday on rising US-Iran tensions, lending support to equity markets despite another round of dreary economic data in the US, Europe and elsewhere. Iran&#8217;s Revolutionary Guards warned the US of a &#8220;decisive response&#8221; after President Donald Trump said Wednesday he ordered the US Navy to destroy Iranian boats that harass American ships in the Gulf. The back-and-forth led to a second straight big increase for benchmark US crude contract West Texas Intermediate, which gained 20 per cent to end at $16.50 a barrel. The benchmark crude collapsed Monday to an unprecedented low of minus $40.32, reflecting [&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":[146,130,177],"tags":[],"class_list":["post-348093","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348093","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=348093"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348093\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}