{"id":616320,"date":"2023-11-09T10:08:36","date_gmt":"2023-11-09T04:38:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=616320"},"modified":"2023-11-09T10:59:28","modified_gmt":"2023-11-09T05:29:28","slug":"escalation-risks-for-oil-global-oil-prices-react-to-escalating-middle-east-conflict-and-geopolitical-risks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/escalation-risks-for-oil-global-oil-prices-react-to-escalating-middle-east-conflict-and-geopolitical-risks\/","title":{"rendered":"Escalation risks for oil: Global oil prices react to escalating middle east conflict and geopolitical risks"},"content":{"rendered":"<p>Global oil prices initially spiked, but settled down to lower levels despite the war between Hamas forces and Israel\u2019s army that has triggered an ongoing intense bombardment of Gaza. Perhaps this reflects an assumption that the conflict will not engulf the West Asian region that accounts for a major proportion of the world\u2019s oil production. But there are heightened geopolitical risks of the conflict spilling over from Israel to Lebanon and Syria, ultimately involving Iran for supporting Hamas and other militias like Hezbollah in Lebanon. Currently, there is intense shelling from Israel into southern Lebanon. US forces have been attacked by Iranian-backed militias in Iraq and Syria, and they have retaliated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global oil prices initially spiked, but settled down to lower levels despite the war between Hamas forces and Israel\u2019s army that has triggered an ongoing intense bombardment of Gaza. Perhaps this reflects an assumption that the conflict will not engulf the West Asian region that accounts for a major proportion of the world\u2019s oil production. But there are heightened geopolitical risks of the conflict spilling over from Israel to Lebanon and Syria, ultimately involving Iran for supporting Hamas and other militias like Hezbollah in Lebanon. Currently, there is intense shelling from Israel into southern Lebanon. US forces have been attacked [&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":[130,195,138],"tags":[],"class_list":["post-616320","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\/616320","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=616320"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/616320\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=616320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=616320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=616320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}