{"id":108627,"date":"2026-04-20T10:06:19","date_gmt":"2026-04-20T05:06:19","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=108627"},"modified":"2026-04-20T10:06:19","modified_gmt":"2026-04-20T05:06:19","slug":"oil-prices-surge-after-us-action-on-iranian-vessel-raises-tensions","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/world\/oil-prices-surge-after-us-action-on-iranian-vessel-raises-tensions\/","title":{"rendered":"Oil prices surge after US action on Iranian Vessel raises tensions"},"content":{"rendered":"<p>NEW YORK: Global oil prices rose sharply following US action against an Iranian vessel and growing fears of potential retaliation in the region.<\/p>\n<p data-start=\"266\" data-end=\"502\">The price of Brent crude (often referred to as <a href=\"https:\/\/dailyausaf.com\/en\/business\/crude-oil-has-become-expensive-in-the-global-market\/\">British crude<\/a>) increased by around five percent, reaching $95.51 per barrel. Meanwhile, US crude oil also recorded a significant rise of nearly seven percent, climbing to $89.80 per barrel.<\/p>\n<p data-start=\"504\" data-end=\"622\">At the same time, global gas prices saw an increase of approximately two percent, with rates reaching $2.71 per MMBTU.<\/p>\n<p data-start=\"624\" data-end=\"846\">The surge comes amid heightened tensions after the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">United States<\/span><\/span> claimed it had taken custody of an Iranian ship. According to the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">United States Central Command<\/span><\/span>, the vessel is now under its control.<\/p>\n<p data-start=\"848\" data-end=\"1113\">US President <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Donald Trump<\/span><\/span> said in a statement on social media that the US military targeted and intercepted the ship in the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Strait of Hormuz<\/span><\/span>, alleging that it was attempting to violate sanctions and breach the blockade.<\/p>\n<p data-start=\"1115\" data-end=\"1315\">The development has intensified concerns over possible escalation in the region, with analysts warning that continued tensions around key oil transit routes could further impact global energy markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: Global oil prices rose sharply following US action against an Iranian vessel and growing fears of potential retaliation in the region. The price of Brent crude (often referred to as British crude) increased by around five percent, reaching $95.51 per barrel. Meanwhile, US crude oil also recorded a significant rise of nearly seven [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":104591,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[7364,40506],"class_list":["post-108627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-oil-prices","tag-iranian-vessel"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/108627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=108627"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/108627\/revisions"}],"predecessor-version":[{"id":108628,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/108627\/revisions\/108628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/104591"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=108627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=108627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=108627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}