{"id":10697,"date":"2019-10-12T09:56:38","date_gmt":"2019-10-12T04:56:38","guid":{"rendered":"http:\/\/www.vosa.tv\/?p=10697"},"modified":"2019-10-12T10:56:51","modified_gmt":"2019-10-12T05:56:51","slug":"oil-prices-jump-after-iranian-oil-tanker-explosions","status":"publish","type":"post","link":"https:\/\/www.vosa.tv\/eng\/archives\/10697","title":{"rendered":"Oil Prices Jump After Iranian Oil Tanker Explosions"},"content":{"rendered":"<p>Oil prices jumped by more than 2 percent on Friday after an Iranian oil tanker in the Red Sea was\u00a0 hit by two suspected rockets\u00a0 off the coast of Saudi Arabia,\u00a0raising the possibility of supply disruptions from a crucial producing region.<\/p>\n<p>Iranian Press TV reported that the oil tanker Sinopa, owned by the National Iranian Oil Co, was struck off the coast of the Saudi Arabian city of Jeddah.<\/p>\n<p>The ship suffered heavy damage and was leaking oil into the water, The Leaking oil had been stopped but it restarted once the vessel began moving again.<\/p>\n<p>International benchmark Brent crude futures rose as much as 2.3 percent to $60.46 a barrel and were at $60.13 per barrel, up $1.02, by 06:48 GMT.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures rose as much as 2.1 percent to $54.69 a barrel and were at $54.47 per barrel, up 92 cents.<\/p>\n<p>&#8220;Experts believe it was a terrorist attack,&#8221;\u00a0Iran&#8217;s Students News Agency (ISNA) reported. It\u00a0did not say whom Iranian officials suspect of launching the missiles.<\/p>\n<p>&#8220;Those behind the attack are responsible for the consequences of this dangerous adventure, including the dangerous environmental pollution caused,&#8221; Foreign Ministry spokesman Abbas Mousavi told state TV.<\/p>\n<p>There was no immediate acknowledgement from Saudi Arabia about the blasts. Russia&#8217;s foreign ministry said it was too early to assign blame for the explosions.<\/p>\n<p>According to the website Tankertrackers, the vessel was the largest-sized tanker, was fully loaded with one million barrels of oil, and &#8220;it does the Syria route&#8221;, said Basravi.<\/p>\n<p>&#8220;This is the third time in the past six months that an Iranian tanker has been incapacitated in these waters,&#8221; he noted.<\/p>\n<p>Tensions in the\u00a0 Middle East have escalated in the wake of attacks on tankers and US drones in the Strait of Hormuz, a key shipping artery of the global oil trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices jumped by more than 2 percent on Friday after an Iranian oil tanker in the Red Sea was\u00a0 hit by two suspected rockets\u00a0 off the coast of Saudi Arabia,\u00a0raising the possibility of supply disruptions from a crucial producing region. Iranian Press TV reported that the oil tanker Sinopa, owned by the National Iranian [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":10711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1460,31,37],"tags":[],"class_list":["post-10697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-middle-east","category-news","category-world"],"_links":{"self":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/10697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/comments?post=10697"}],"version-history":[{"count":1,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/10697\/revisions"}],"predecessor-version":[{"id":10699,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/10697\/revisions\/10699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media\/10711"}],"wp:attachment":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media?parent=10697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/categories?post=10697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/tags?post=10697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}