{"id":1623,"date":"2022-09-23T16:31:27","date_gmt":"2022-09-23T16:31:27","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=1623"},"modified":"2022-09-23T16:32:33","modified_gmt":"2022-09-23T16:32:33","slug":"oil-prices-rise-as-iran-deal-stalls-russian-supply-amid-conflict","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/1623\/","title":{"rendered":"Oil prices rise as Iran deal stalls, Russian supply amid conflict"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\">\n<p>Brent crude futures gained 16 cents, or 0.2 per cent, to $90.62 per barrel by 0020 GMT, while US West Texas Intermediate (WTI) crude futures were up 22 cents to $83.71 per barrel.<\/p>\n\n\n\n<p>Oil prices rose in early Asian trade on Friday on the prospect that a stalled&nbsp;Iran&nbsp;nuclear agreement and&nbsp;Moscow&#8217;s new mobilization campaign in its invasion of&nbsp;Ukraine&nbsp;would further restrict global supplies.<\/p>\n\n\n\n<p>Brent crude futures gained 16 cents, or 0.2 per cent, to $90.62 per barrel by 0020 GMT, while US West Texas Intermediate (WTI) crude futures were up 22 cents to $83.71 per barrel.<\/p>\n\n\n\n<p>Oil edged up after a senior&nbsp;US State Departmentofficial said that efforts to revive the 2015 Iran nuclear deal have stalled due to&nbsp;Tehran&#8217;s insistence on the closure of the U.N. nuclear watchdog&#8217;s investigations.<\/p>\n\n\n\n<p>&#8220;We&#8217;ve hit a wall&#8221; because of Iran&#8217;s stance, the US official told reporters on the sidelines of the&nbsp;U.N. General Assembly, adding that nothing had happened this week to suggest Iran is willing to change its position. The remarks eased expectations of a resurgence of Iranian crude oil.<\/p>\n\n\n\n<p>Prices were also supported by Moscow&#8217;s decision to push ahead with its biggest conscription since World War Two, raising concerns that an escalation of the war in Ukraine would continue to tighten oil supplies.<\/p>\n\n\n\n<p>Rebounding crude oil demand in&nbsp;China, which is the world&#8217;s largest oil importer, lent support to crude prices.<\/p>\n\n\n\n<p>Central bank interest rate hikes, including the&nbsp;US Federal Reserve&#8217;s 75 basis points rise on Wednesday, along with increases by the&nbsp;Swiss National Bank, Norway&#8217;s central bank and Indonesia&#8217;s central bank, limited oil prices by raising the likelihood of economic slowdowns that would erode fuel demand.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2022-09-23T16:32:33+00:00\"> 23 September 2022<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Brent crude futures gained 16 cents, or 0.2 per cent, to $90.62 per barrel by 0020 GMT, while US West Texas Intermediate (WTI) crude futures were up 22 cents to $83.71 per barrel. Oil prices rose in early Asian trade on Friday on the prospect that a stalled&nbsp;Iran&nbsp;nuclear agreement and&nbsp;Moscow&#8217;s new mobilization campaign in its [&hellip;]","protected":false},"author":1,"featured_media":1624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,22,36,19,16],"tags":[],"services":[],"class_list":["post-1623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-iran","category-lastnews","category-news","category-oil"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/1623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=1623"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/1623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/1624"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=1623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=1623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=1623"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=1623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}