{"id":670698,"date":"2026-05-28T19:52:20","date_gmt":"2026-05-28T19:52:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/670698\/"},"modified":"2026-05-28T19:52:20","modified_gmt":"2026-05-28T19:52:20","slug":"oil-prices-climb-on-renewed-hostilities-in-middle-east","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/670698\/","title":{"rendered":"Oil Prices Climb on Renewed Hostilities in Middle East"},"content":{"rendered":"<p class=\"css-ac37hb evys1bk0\">Oil prices jumped and stocks slipped on Thursday after Iran said it had targeted an American military base in <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/live\/2026\/05\/28\/world\/iran-war-us-trump-deal\" title=\"\" rel=\"nofollow noopener\" target=\"_blank\">retaliation<\/a> for U.S. strikes in Iran the day before, marking the second exchange of hostilities in three days between the two countries.<\/p>\n<p class=\"css-ac37hb evys1bk0\">A U.S. official said four Iranian drones it had knocked down on Wednesday posed a threat to American forces in the region and to the little commercial shipping still moving through the Strait of Hormuz, a critical transit route for oil and gas tankers.<\/p>\n<p class=\"css-ac37hb evys1bk0\">The latest confrontation renewed doubts about the prospects of a peace deal, despite continued assurances by President Trump and administration officials that an agreement is close.<\/p>\n","protected":false},"excerpt":{"rendered":"Oil prices jumped and stocks slipped on Thursday after Iran said it had targeted an American military base&hellip;\n","protected":false},"author":2,"featured_media":670699,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,177016,801,177018,177015,269600,11158],"class_list":["post-670698","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-fees-and-rates","tag-iran","tag-oil-petroleum-and-gasoline","tag-prices-fares","tag-standard-poors-500-stock-index","tag-stocks-and-bonds"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/670698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=670698"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/670698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/670699"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=670698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=670698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=670698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}