{"id":36670,"date":"2026-06-10T08:55:24","date_gmt":"2026-06-10T06:55:24","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=36670"},"modified":"2026-06-10T08:55:24","modified_gmt":"2026-06-10T06:55:24","slug":"36670","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/36670\/","title":{"rendered":"Untitled"},"content":{"rendered":"<div class=\"x_elementToProof\">Oil prices climbed on Wednesday, moving away from a seven-week low touched in the previous \u200csession, after the United States (US) military launched new strikes against Iran and as market data showed another large draw in US crude stocks.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">Brent futures rose 66 cents, or 0.7%, to $92.11 a barrel, while US West Texas Intermediate crude climbed 60 \u200bcents, or 0.7%, to $88.80.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">The US military struck Iranian targets after President Donald Trump vowed on Tuesday \u200bto respond to the downing of a US Apache attack helicopter, a fresh escalation \u2060that threatens to unravel a fragile ceasefire between Washington and Tehran.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">The latest attacks shifted traders&#8217; focus back on \u200bwar risks and potential supply disruptions, said Priyanka Sachdeva, senior market analyst at Phillip Nova.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">&#8220;While diplomatic efforts remain ongoing, \u200bthe latest military exchanges have reintroduced a geopolitical risk premium into oil markets,&#8221; Sachdeva said.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":20970,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-36670","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Oil prices climbed on Wednesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36670\/revisions"}],"predecessor-version":[{"id":36671,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36670\/revisions\/36671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/20970"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=36670"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=36670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}