{
  "id": 19778754,
  "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-19778754",
  "topic": "world",
  "section": "World",
  "published": "2026-11-13T08:27:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "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 due to a surge in global oil prices, driven by renewed uncertainties surrounding the war in the Middle East. The exchange rate fell to 1,336.7 won per dollar, a drop of 6 won from the previous trading session. This decline was further exacerbated by Iran's media reporting of oil tankers being hit by explosions in the Strait of Hormuz, leading to a 3.3 percent increase in Brent crude futures to $95.82 per barrel. The situation prompted foreign investors to sell a net 550 billion won ($411 million) worth of local shares during the latest regular stock trading session, while the Korea Composite Stock Price Index fell 0.98 percent to close 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."
}