{"id":659972,"date":"2026-04-09T11:50:33","date_gmt":"2026-04-09T06:20:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=659972"},"modified":"2026-04-09T11:50:33","modified_gmt":"2026-04-09T06:20:33","slug":"crude-global-prices-oil-climbs-back-towards-97-as-strait-of-hormuz-remains-under-pressure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-global-prices-oil-climbs-back-towards-97-as-strait-of-hormuz-remains-under-pressure\/","title":{"rendered":"Crude global prices: Oil climbs back towards $97 as Strait of Hormuz remains under pressure"},"content":{"rendered":"<p>Oil prices inched higher on Thursday after suffering their steepest single-day fall since April 2020, as uncertainty around the Strait of Hormuz and renewed tensions in the Middle East kept markets on edge. Brent crude moved back towards $97 a barrel, rebounding from a 13% on Wednesday, while West Texas Intermediate also traded close to that mark.<\/p>\n<p>As of 7:55 am IST, Brent crude was trading around $96.96, up 2.7% while WTI stood at $96.82 or 2.1% up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices inched higher on Thursday after suffering their steepest single-day fall since April 2020, as uncertainty around the Strait of Hormuz and renewed tensions in the Middle East kept markets on edge. Brent crude moved back towards $97 a barrel, rebounding from a 13% on Wednesday, while West Texas Intermediate also traded close to that mark. As of 7:55 am IST, Brent crude was trading around $96.96, up 2.7% while WTI stood at $96.82 or 2.1% up.<\/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":[130,219,137],"tags":[],"class_list":["post-659972","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/659972","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=659972"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/659972\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=659972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=659972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=659972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}