{"id":660404,"date":"2026-05-12T10:34:20","date_gmt":"2026-05-12T05:04:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=660404"},"modified":"2026-05-12T10:34:20","modified_gmt":"2026-05-12T05:04:20","slug":"crude-oil-prices-extend-gains-amid-uncertainty-over-us-iran-negotiations-whats-near-term-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-prices-extend-gains-amid-uncertainty-over-us-iran-negotiations-whats-near-term-outlook\/","title":{"rendered":"Crude oil prices extend gains amid uncertainty over US-Iran negotiations. What&#8217;s near-term outlook?"},"content":{"rendered":"<p>US-Iran war: Oil prices continued their winning streak on Tuesday, 12 May, after US President Donald Trump raised doubts over a ceasefire with Iran by rejecting Tehran\u2019s latest peace proposal, extending the effective shutdown of the crucial Strait of Hormuz.<\/p>\n<p>Brent crude traded near $105 a barrel after gaining 2.9% in the previous session, while West Texas Intermediate hovered near $99.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-Iran war: Oil prices continued their winning streak on Tuesday, 12 May, after US President Donald Trump raised doubts over a ceasefire with Iran by rejecting Tehran\u2019s latest peace proposal, extending the effective shutdown of the crucial Strait of Hormuz. Brent crude traded near $105 a barrel after gaining 2.9% in the previous session, while West Texas Intermediate hovered near $99.<\/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":[139,130,187],"tags":[],"class_list":["post-660404","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660404","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=660404"}],"version-history":[{"count":1,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660404\/revisions"}],"predecessor-version":[{"id":660406,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660404\/revisions\/660406"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=660404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=660404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=660404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}