{
    "success": true,
    "data": {
        "id": 1642809,
        "msgid": "middle-east-turmoil-brent-and-wti-oil-strengthen-shipping-routes-threatened-1774846293",
        "date": "2026-03-30 10:36:00",
        "title": "Middle East Turmoil: Brent and WTI Oil Strengthen, Shipping Routes Threatened",
        "author": "Sakina Rakhma Diah Setiawan",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Energy",
        "summary": "Global oil prices surged on Monday amid escalating Middle East conflicts, with Brent crude heading for its largest monthly gain ever as Iran effectively closes the Strait of Hormuz, disrupting a fifth of the world's oil and gas supply. The conflict, sparked by US and Israeli strikes on Iran on 28 February 2026, has expanded to the Red Sea and Bab el-Mandeb Strait, prompting Saudi Arabia to reroute exports to the Red Sea port of Yanbu. Analysts warn of further supply risks if these alternative routes are affected, while diplomatic efforts, including potential US-Iran talks in Islamabad, offer a glimmer of hope for de-escalation.",
        "content": "<p>NEW YORK - Global oil prices strengthened again during Monday\u2019s\ntrading (30\/3\/2026), with Brent crude heading towards the largest\nmonthly surge in history, as the conflict in the Middle East widens.\nQuoting Reuters, the Brent crude price rose by 3.09 US dollars or 2.74\npercent to 115.66 US dollars per barrel at 06:53 WIB, after closing up\n4.2 percent in last Friday\u2019s trading. Meanwhile, West Texas Intermediate\n(WTI) crude rose by 2.92 US dollars or 2.93 percent to 102.56 US dollars\nper barrel, after closing up 5.5 percent in last weekend\u2019s trading. This\nsurge was triggered by the Iran conflict, which has effectively closed\nthe Strait of Hormuz, a vital route for around one-fifth of the world\u2019s\noil and gas supply. The conflict that began on 28 February 2026 with\nattacks by the United States (US) and Israel on Iran has now spread to\nvarious regions in the Middle East. The Houthi group in Yemen, allied\nwith Iran, even launched its first attack on Israel over the weekend.\n\u201cThis conflict is no longer centred in the Persian Gulf and around the\nStrait of Hormuz, but has now expanded to the Red Sea and Bab el-Mandeb,\none of the world\u2019s most crucial narrow points for the flow of crude oil\nand refined products,\u201d wrote JP Morgan analysts led by Natasha Kaneva.\nData from analytics firm Kpler shows that Saudi Arabia\u2019s oil exports\nrerouted from the Strait of Hormuz to the Yanbu port in the Red Sea\nreached 4.658 million barrels per day last week. However, JP Morgan\nanalysts warn that if exports from Yanbu are disrupted, Saudi oil\nsupplies would have to be diverted through the Suez-Mediterranean\n(SUMED) pipeline to the Mediterranean Sea. Iran has stated it is\nprepared to respond if a ground attack by the US occurs. Tehran also\naccuses Washington of preparing a ground military operation, even as it\nkeeps negotiation channels open. Meanwhile, Pakistan\u2019s Foreign Minister\nIshaq Dar said his country has discussed various possibilities to end\nthe war quickly and permanently, including the prospect of talks between\nthe US and Iran in Islamabad.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/middle-east-turmoil-brent-and-wti-oil-strengthen-shipping-routes-threatened-1774846293",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}