{"id":74092,"date":"2026-06-02T18:41:50","date_gmt":"2026-06-02T18:41:50","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/06\/02\/crude-oil-surges-amid-delaying-u-s-iran-mou-strait-of-hormuz-blockade\/"},"modified":"2026-06-02T18:41:50","modified_gmt":"2026-06-02T18:41:50","slug":"crude-oil-surges-amid-delaying-u-s-iran-mou-strait-of-hormuz-blockade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/06\/02\/crude-oil-surges-amid-delaying-u-s-iran-mou-strait-of-hormuz-blockade\/","title":{"rendered":"Crude Oil Surges Amid Delaying U.S.-Iran MoU, Strait Of Hormuz Blockade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p class=\"fade-paragraph\">Crude oil prices have soared on Tuesday, extending the gains from yesterday&#8217;s session as signing of the U.S.-Iran Memorandum of Understanding to discuss ways to end the gulf crisis gets delayed. In addition, global energy watchdog warned of accelerating crude oil inventory depletion.WTI Crude Oil for July month delivery was last seen trading up by $1.57 (or 1.70%) at $93.73 per barrel.The U.S.-Ira&#8230;<\/p>\n<div class=\"paywall-wrapper\">\n<p><i class=\"bi bi-lock-fill\"\/> Subscribe to continue reading the article.<\/p>\n<p>This article is part of our premium content offering.Subscribe with a RTTNews subscription.<\/p>\n<p>Subscribe Now<\/p><\/div>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Crude Oil Surges Amid Delaying U.S.-Iran MoU, Strait Of Hormuz Blockade<\/a><br \/>\n<br \/>2026-06-02 18:41:50<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil prices have soared on Tuesday, extending the gains from yesterday&#8217;s session as signing of the U.S.-Iran Memorandum of Understanding to discuss ways to end the gulf crisis gets&#8230;<\/p>\n","protected":false},"author":2,"featured_media":74093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-74092","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=74092"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/74093"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=74092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=74092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=74092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}