{"id":623047,"date":"2023-12-19T09:56:45","date_gmt":"2023-12-19T04:26:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=623047"},"modified":"2023-12-19T11:34:44","modified_gmt":"2023-12-19T06:04:44","slug":"oil-rises-by-more-than-1-after-houthi-militants-attack-on-red-sea-tanker","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-by-more-than-1-after-houthi-militants-attack-on-red-sea-tanker\/","title":{"rendered":"Oil rises by more than 1% after Houthi militants attack on Red Sea tanker"},"content":{"rendered":"<p>Oil rose more than 1% on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions, although ample supply and scepticism around Russia&#8217;s plan to cut exports in December limited gains. <\/p>\n<p>A Norwegian-owned vessel was attacked in the Red Sea on Monday and oil major BP said it has temporarily paused all transits through the Red Sea. Other shipping firms said over the weekend that they would avoid the route. <\/p>\n<p>Brent crude futures were up $1.40, or 1.8%, to $77.95 a barrel by 1307 GMT, while U.S. West Texas Intermediate crude rose 80 cents, or 1.1%, to $72.23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil rose more than 1% on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions, although ample supply and scepticism around Russia&#8217;s plan to cut exports in December limited gains. A Norwegian-owned vessel was attacked in the Red Sea on Monday and oil major BP said it has temporarily paused all transits through the Red Sea. Other shipping firms said over the weekend that they would avoid the route. Brent crude futures were up $1.40, or 1.8%, to $77.95 a barrel by 1307 GMT, while U.S. West Texas Intermediate crude rose [&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":[135,130,169],"tags":[],"class_list":["post-623047","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623047","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=623047"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623047\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=623047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=623047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=623047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}