{"id":282506,"date":"2026-07-13T11:30:11","date_gmt":"2026-07-13T07:30:11","guid":{"rendered":"https:\/\/abcmedia.am\/?p=282506"},"modified":"2026-07-13T12:00:12","modified_gmt":"2026-07-13T08:00:12","slug":"oil-prices-surge-4-as-us-iran-tensions-escalate","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/282506\/","title":{"rendered":"Oil prices surge 4% as US-Iran tensions escalate"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>Oil prices surged over 4% on Monday as energy shipments via &#8203;the Strait of Hormuz remained under threat, with the US and &zwnj;Iran announcing renewed military strikes, <a href=\"https:\/\/www.reuters.com\/business\/energy\/oil-jumps-more-than-3-after-us-iran-launch-strikes-mideast-2026-07-12\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a> writes.<\/p>\n<p>Brent crude futures climbed $3.10, or 4.08%, to $79.11 by 0325 GMT, while US West Texas Intermediate crude rose $2.95, or 4.11%, to $74.36 a barrel.<\/p>\n<p>The US Central Command said it completed another wave of strikes against Iran on Sunday. Iran, in turn, launched ballistic missiles and drones toward several US military bases.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices surged over 4% on Monday as energy shipments via &#8203;the Strait of Hormuz remained under threat, with the US and &zwnj;Iran announcing renewed military strikes, Reuters writes. Brent crude futures climbed $3.10, or 4.08%, to $79.11 by 0325 GMT, while US West Texas Intermediate crude rose $2.95, or 4.11%, to $74.36 a barrel. [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":282486,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,35,43,96,98,101],"tags":[],"class_list":["post-282506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics","category-world","category-iran-en","category-other-en","category-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/282506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=282506"}],"version-history":[{"count":1,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/282506\/revisions"}],"predecessor-version":[{"id":282509,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/282506\/revisions\/282509"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/282486"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=282506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=282506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=282506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}