{"id":675,"date":"2026-05-12T09:45:31","date_gmt":"2026-05-12T09:45:31","guid":{"rendered":"https:\/\/usglobalnews.com\/?p=675"},"modified":"2026-05-12T09:45:31","modified_gmt":"2026-05-12T09:45:31","slug":"100-million-barrels-lost-every-week-strait-of-hormuz-is-shut-saudi-aramco-ceo-says","status":"publish","type":"post","link":"https:\/\/usglobalnews.com\/?p=675","title":{"rendered":"100 million barrels lost every week Strait of Hormuz is shut, Saudi Aramco CEO says"},"content":{"rendered":"<p>Oil prices continued to climb on Tuesday, as US President Donald Trump said the ceasefire with Iran was &#8220;on massive life support&#8221;. Meanwhile, the CEO of Saudi Aramco, the world&#8217;s largest oil company, told analysts the closure of the Strait of Hormuz has generated a loss of 100 million barrels every week. Also in this edition: Trump wants to scrap the US federal gas tax to help consumers deal with the impact of the war in Iran.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices continued to climb on Tuesday, as US President Donald Trump said the ceasefire with Iran was<\/p>\n","protected":false},"author":0,"featured_media":676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"_links":{"self":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=675"}],"version-history":[{"count":0,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/media\/676"}],"wp:attachment":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}