{
  "id": 635144,
  "title": "Oil prices continue to rise as Strait of Hormuz remains effectively shut",
  "url": "https://urgent.news/2026/08/12/oil-prices-continue-to-rise-as-strait-of-hormuz-remains-effectively",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T05:13:00.000Z",
  "source": {
    "name": "IOL",
    "slug": "iol",
    "url": "https://iol.co.za/business/economy/2026-08-12-oil-prices-continue-to-rise-as-strait-of-hormuz-remains-effectively-shut/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Oil prices continued to climb on Wednesday, rising about 14% in a week as the Strait of Hormuz remains effectively shut and US-Iran talks show little sign of progress.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Gulf News",
        "title": "US-Iran war: Hormuz remains closed as talks continue",
        "url": "https://urgent.news/2026/08/12/us-iran-war-hormuz-remains-closed-as-talks-continue",
        "published": "2026-08-12T03:01:49.000Z"
      }
    ]
  },
  "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."
}