{"id":562435,"date":"2021-05-24T03:36:19","date_gmt":"2021-05-24T03:36:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/"},"modified":"2021-05-24T03:36:19","modified_gmt":"2021-05-24T03:36:19","slug":"oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/","title":{"rendered":"Oil is having a bad week off of Iran\u2019s potential reentry to the market"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Oil posts worst weekly losses on Iran nuclear agreement progress:<\/strong> Oil prices suffered their biggest weekly losses in over a month, with the prospect of a supply glut following the lifting of US sanctions and the return of Iranian crude supplies weighing on prices, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-20\/oil-steadies-near-62-after-slump-with-iranian-supply-looming?sref=mmeFTDW1\">Bloomberg<\/a> reports. Rising inflation concerns and the continued impact of covid-19 on demand have been compounded by the prospect of Iran almost doubling its 2.4 mn bbl \/ d output in April to its pre-sanctions level of 4 mn barrels a day within three months, if US sanctions are lifted. The market is more prepared to absorb the additional supply in 4Q2021 but an earlier increase in supply \u201ccould hurt third-quarter balances,\u201d said a Deutsche Bank analyst. Iran is expected to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-23\/iran-to-continue-nuclear-talks-until-a-final-agreement-with-u-s?sref=mmeFTDW1\">extend its nuclear inspections agreement<\/a> with the International Atomic Energy Agency ahead of a fifth round of multilateral talks in Vienna that the country hopes will lead to the US rejoining the 2015 nuclear accord and the removal of Trump-era sanctions.<\/p>\n<p><strong>US claims victory over China in Ethiopia's USD multi-bn telecom project: <\/strong>A US-backed consortium led by Vodafone was awarded contracts to build a 5G-equipped wireless network in Ethiopia, beating out MTN Group\u2019s rival bid, which was partially financed by China\u2019s Silk Road Fund, the <a href=\"https:\/\/www.wsj.com\/articles\/u-s-china-tech-fight-opens-new-front-in-ethiopia-11621695273?mod=hp_lead_pos1\">Wall Street Journal<\/a> reports. \u201cThe US and China are fighting a proxy war in Ethiopia for influence,\u201d said Zemedeneh Negatu, the chairman of Africa-focused US investment firm Fairfax Africa Fund. The competition over the contract was particularly significant as the US and China increasingly vie over future tech pursuits covering everything from 5G rollout to chip manufacturing.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table table-striped markets-table'>\n<tbody>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>10,812<\/p>\n<\/td>\n<td>\n<p>+0.8% (YTD: -0.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.62<\/p>\n<\/td>\n<td>\n<p>Sell 15.71<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.62<\/p>\n<\/td>\n<td>\n<p>Sell 15.72<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>10,343<\/p>\n<\/td>\n<td>\n<p>- (YTD: +19.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>6,546<\/p>\n<\/td>\n<td>\n<p>+0.4% (YTD: +29.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,786<\/p>\n<\/td>\n<td>\n<p>+1.3% (YTD: +11.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>4,155<\/p>\n<\/td>\n<td>\n<p>-0.1% (YTD: +10.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>7,018<\/p>\n<\/td>\n<td>\n<p>- (YTD: +8.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 66.72<\/p>\n<\/td>\n<td>\n<p>+0.4%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.86<\/p>\n<\/td>\n<td>\n<p>-1.7%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,887.40<\/p>\n<\/td>\n<td>\n<p>+0.5%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 35,068.43<\/p>\n<\/td>\n<td>\n<p>-7.9%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>The EGX30 rose 0.75% yesterday<\/strong> on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors were net sellers. The index is down 0.35% YTD.<\/p>\n<p><strong>In the green:<\/strong> ElSewedy Electric (+4.8%), Heliopolis Housing (+3.3%) and Sodic (+1.9%).<\/p>\n<p><strong>In the red: <\/strong>Edita (-3.7%), Oriental Weavers (-1.9%) and Abu Qir Fertilizers (-1.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil posts worst weekly losses on Iran nuclear agreement progress: Oil prices suffered their biggest weekly losses in over a month, with the prospect of a supply glut following the lifting of US sanctions and the return of Iranian crude supplies weighing on prices, Bloomberg reports. Rising inflation concerns and the continued impact of covid-19 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[116,72,382,119,716,91,122,465],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562435","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-china","tag-enterpriseam","tag-ethiopia","tag-financial-markets","tag-iran","tag-oil-and-gas","tag-planet-finance","tag-vodafone-group","wpautop","entry"],"acf":{"mongo_id":"26f86e34-e108-4cc2-a2d4-dd85068d35ab","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[562415],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oil is having a bad week off of Iran\u2019s potential reentry to the market - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil is having a bad week off of Iran\u2019s potential reentry to the market\" \/>\n<meta property=\"og:description\" content=\"Oil posts worst weekly losses on Iran nuclear agreement progress: Oil prices suffered their biggest weekly losses in over a month, with the prospect of a supply glut following the lifting of US sanctions and the return of Iranian crude supplies weighing on prices, Bloomberg reports. Rising inflation concerns and the continued impact of covid-19 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-24T03:36:19+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oil is having a bad week off of Iran\u2019s potential reentry to the market\",\"datePublished\":\"2021-05-24T03:36:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/\"},\"wordCount\":370,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"China\",\"EnterpriseAM\",\"Ethiopia\",\"Financial Markets\",\"Iran\",\"oil and gas\",\"Planet Finance\",\"Vodafone Group\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/\",\"name\":\"Oil is having a bad week off of Iran\u2019s potential reentry to the market - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-05-24T03:36:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oil is having a bad week off of Iran\u2019s potential reentry to the market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Oil is having a bad week off of Iran\u2019s potential reentry to the market - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/","og_locale":"en_US","og_type":"article","og_title":"Oil is having a bad week off of Iran\u2019s potential reentry to the market","og_description":"Oil posts worst weekly losses on Iran nuclear agreement progress: Oil prices suffered their biggest weekly losses in over a month, with the prospect of a supply glut following the lifting of US sanctions and the return of Iranian crude supplies weighing on prices, Bloomberg reports. Rising inflation concerns and the continued impact of covid-19 [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-05-24T03:36:19+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Oil is having a bad week off of Iran\u2019s potential reentry to the market","datePublished":"2021-05-24T03:36:19+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/"},"wordCount":370,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["China","EnterpriseAM","Ethiopia","Financial Markets","Iran","oil and gas","Planet Finance","Vodafone Group"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/","name":"Oil is having a bad week off of Iran\u2019s potential reentry to the market - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-05-24T03:36:19+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/oil-is-having-a-bad-week-off-of-irans-potential-reentry-to-the-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Oil is having a bad week off of Iran\u2019s potential reentry to the market"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":547028,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/06\/markets-shrug-after-opec-ups-oil-supply-increases-the-us-turns-to-foes-for-oil\/","url_meta":{"origin":562435,"position":0},"title":"Markets shrug after OPEC ups oil supply increases + the US turns to foes for oil","author":"enterpriseam admin","date":"6 June 2022","format":false,"excerpt":"Oil producers to temporarily up supply: OPEC+ has agreed to boost oil production in July and August by 650k barrels a day from the current 400k bpd, the alliance of oil producers announced in a statement following its Thursday meeting, bringing forward an increase it had initially scheduled for September.\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544493,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/07\/rising-wheat-and-oil-prices-will-hit-budget-in-egypt-ministers-say\/","url_meta":{"origin":562435,"position":1},"title":"Rising wheat and oil prices will hit budget in Egypt, ministers say","author":"enterpriseam admin","date":"7 March 2022","format":false,"excerpt":"Rising global wheat prices could cost the government an additional EGP 15 bn this fiscal year, Finance Minister Mohamed Maait told Bloomberg Asharq (watch, runtime: 1:35). The ministry assumed an average price of USD 255 per ton in this year\u2019s budget but the state is now paying USD 350, Supply\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/75.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549006,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/30\/eu-energy-prices-up-eu-currency-down-iranian-oil\/","url_meta":{"origin":562435,"position":2},"title":"EU energy prices up. EU currency down. Iranian oil\u2026?","author":"enterpriseam admin","date":"30 August 2022","format":false,"excerpt":"EU hits panic button as energy crisis escalates: The EU plans to \u201cdecouple\u201d electricity prices from gas as part of an emergency package of measures to tackle the spiraling energy crisis in the continent, EU Commission President Ursula von der Leyen said yesterday. Natural gas and electricity prices are now\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547755,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/05\/commodity-prices-are-falling-back-but-is-it-enough-to-tame-inflation\/","url_meta":{"origin":562435,"position":3},"title":"Commodity prices are falling back \u2014 but is it enough to tame inflation?","author":"enterpriseam admin","date":"5 July 2022","format":false,"excerpt":"Commodity prices are beginning to cool \u2014 and it\u2019s stirring hope that inflation has peaked: Investors who piled into assets like fuel, corn and wheat to hedge against rising inflation have been making their exits, an indicator that a major contributor to wave of global inflation has begun to cool,\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":585793,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/30\/the-us-iran-are-engaging-in-tit-for-tat-tanker-seizing\/","url_meta":{"origin":562435,"position":4},"title":"The US + Iran are engaging in tit-for-tat tanker seizing","author":"enterpriseam admin","date":"30 April 2023","format":false,"excerpt":"Washington is trying to clamp down on Iranian oil exports, which are rising despite US sanctions","rel":"","context":"In &quot;AROUND THE WORLD&quot;","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/961.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595183,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/there-will-be-no-talks-between-iran-and-the-us-says-irans-supreme-leader\/","url_meta":{"origin":562435,"position":5},"title":"There will be no talks between Iran and the US, says Iran\u2019s supreme leader","author":"enterpriseam admin","date":"18 September 2019","format":false,"excerpt":"And now, Season 2 of how a remote-controlled plane disrupted the global oil supply: US President Donald Trump dialed back his rhetoric about Iran\u2019s responsibility for Saturday\u2019s attack on Saudi Aramco\u2019s Abqaiq facility, which has disrupted 5.7 mn barrels of oil a day, or roughly 5% of global supply. Using\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/462.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=562435"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562435\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562415"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562435"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562435"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}