{
  "id": 19775056,
  "title": "Korean won weakens against US dollar as oil prices surge",
  "url": "https://urgent.news/2026/11/13/korean-won-weakens-against-us-dollar-as-oil-prices-surge",
  "topic": "world",
  "section": "World",
  "published": "2026-11-13T07:52:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261113/korean-won-weakens-against-us-dollar-as-oil-prices-surge"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Korean won experienced a decline against the US dollar on Friday, driven by a surge in global oil prices amid heightened tensions in the Middle East. The currency was trading at 1,336.7 won per dollar, marking a 6 won decrease from the previous session. This downturn was attributed to a 3.3% increase in Brent crude futures, which reached $95.82 per barrel following President Donald Trump's assertion that no deal with Iran was necessary. The unrest in the region was further exacerbated by reports of explosions in the Strait of Hormuz, affecting oil tankers. Additionally, foreign investors exited the local market, selling a net of 550 billion won ($411 million) worth of shares and contributing to a 0.98% drop in the Korea Composite Stock Price Index, which closed at 5,290.53.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}