{
    "success": true,
    "data": {
        "id": 1759262,
        "msgid": "global-oil-prices-fall-over-the-week-as-markets-watch-us-iran-peace-prospects-1779533736",
        "date": "2026-05-23 10:27:54",
        "title": "Global Oil Prices Fall Over the Week as Markets Watch US-Iran Peace Prospects",
        "author": "Nur Jamal Shaid",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Energy",
        "summary": "Over the week, Brent crude fell more than 5% and US WTI over 8%, despite Brent briefly rising to $103.54 as markets weighed cautious optimism on talks between the US and Iran. While progress was noted, major issues such as Iran's enriched uranium stockpile and Strait of Hormuz shipping controls remain unresolved; the IEA warned of potential tight conditions ahead of the northern hemisphere summer.",
        "content": "<p>Global oil prices eased over the week as markets weighed positive\nsignals from talks between the United States and Iran aimed at ending\nthe conflict in the Middle East. While the two countries appeared to be\nmoving toward a deal, several core issues remain unresolved. Differences\nover Iran\u2019s enriched uranium stockpile and the management of shipping\nroutes through the Strait of Hormuz remain major obstacles to the\nnegotiations. On Friday, 22 May 2026, Brent crude futures, the\ninternational benchmark, rose by 96 cents to $103.54 per barrel. Despite\nclosing higher at the end of the session, oil prices still posted a\nweekly decline. Brent fell by more than 5 percent over the week, while\nU.S. West Texas Intermediate (WTI) dropped by more than 8 percent.\nPressure on oil prices mounted after U.S. President Donald Trump said\nearlier in the week he would delay an attack on Iran to give diplomacy\nroom. However, Washington stressed that a deal would be difficult to\nreach if Iran continues to seek to permanently control traffic through\nthe Hormuz Strait. ING analysts said market participants are still\ntrying to read the direction of negotiations between Washington and\nTehran. Although optimism is starting to emerge, uncertainty continues\nto dominate as previous peace talks had shown progress before stalling\nagain. This has led some investors to take a cautious stance on the\nlatest developments. The International Energy Agency (IEA) warned the\noil market could enter a high-pressure phase ahead of the summer season\nin the northern hemisphere.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/global-oil-prices-fall-over-the-week-as-markets-watch-us-iran-peace-prospects-1779533736",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}