{"id":660847,"date":"2026-05-25T11:34:42","date_gmt":"2026-05-25T06:04:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=660847"},"modified":"2026-05-25T11:34:42","modified_gmt":"2026-05-25T06:04:42","slug":"oil-drops-below-100-on-iran-peace-hopes-but-fuel-prices-rise-again","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-drops-below-100-on-iran-peace-hopes-but-fuel-prices-rise-again\/","title":{"rendered":"Oil drops below $100 on Iran peace hopes, but fuel prices rise again"},"content":{"rendered":"<p>Global oil prices slumped over 4% on Monday, with Brent crude falling below the $100-per-barrel mark amid hopes of a peace deal between Iran and the US.<\/p>\n<p>Around 7 am, the July contract of Brent on the Intercontinental Exchange was trading at $99.22 per barrel, down 4.17% from its previous close. The July contract of West Texas Intermediate (WTI) fell 4.53% to $92.22 a barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global oil prices slumped over 4% on Monday, with Brent crude falling below the $100-per-barrel mark amid hopes of a peace deal between Iran and the US. Around 7 am, the July contract of Brent on the Intercontinental Exchange was trading at $99.22 per barrel, down 4.17% from its previous close. The July contract of West Texas Intermediate (WTI) fell 4.53% to $92.22 a barrel.<\/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-660847","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\/660847","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=660847"}],"version-history":[{"count":1,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660847\/revisions"}],"predecessor-version":[{"id":660849,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660847\/revisions\/660849"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=660847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=660847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=660847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}