{
  "id": 733083,
  "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-733083",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T04:36:35.000Z",
  "source": {
    "name": "People Daily Kenya",
    "slug": "people-daily-kenya",
    "url": "https://peopledaily.digital/business/oil-drops-on-lower-demand-forecasts-despite-deadlock-in-us-iran-talks"
  },
  "original_language": "en",
  "account": null,
  "summary": "Oil prices fell more than Ksh129.6 on Thursday, August 13, 2026, as forecasters lowered global 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 Ksh166.75 or 1.5 per cent, to 11,333.89 a barrel. […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "New Voice of Ukraine",
        "title": "Oil drops as cratering demand forecasts overshadow deadlocked Strait of Hormuz peace talks",
        "url": "https://urgent.news/2026/08/13/oil-drops-as-cratering-demand-forecasts-overshadow-deadlocked-strait",
        "published": "2026-08-13T09:49:00.000Z"
      }
    ]
  },
  "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."
}