{
  "id": 728056,
  "title": "Oil drops on lower demand forecasts despite deadlock in US-Iran talks",
  "url": "https://urgent.news/2026/08/13/oil-drops-on-lower-demand-forecasts-despite-deadlock-in-us-iran-talks-728056",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-13T02:44:03.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40434606/oil-drops-on-lower-demand-forecasts-despite-deadlock-in-us-iran-talks"
  },
  "original_language": "en",
  "account": null,
  "summary": "BEIJING: Oil prices fell more than $1 on Thursday as forecasters loweredglobal oil demand projections for 2026 because of the disruptions from the US-Israeli war on Iran, though the supply constraints from the conflict provided a floor for the market. Brent futures dropped $1.29, or 1.5%, at $87.69 a barrel by 0100 GMT. US West Texas Intermediate (WTI) crude fell $1.30, or 1.6%, to $81.97. The…",
  "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."
}