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    "headline": "Oil Surges, European Gas Hits Highest Level Since 2023 on Hormuz Strait Conflict Fears",
    "dek": "Oil prices surged and European gas reached its highest level since 2023 amid worries about the Strait of Hormuz and a possible US-Iran conflict escalation.",
    "prose": "Oil prices surged following news about the Strait of Hormuz and the potential escalation of the US-Iran conflict. [^1]\n\nOn 2026-09-02, President Donald Trump said the renewed U.S. military campaign against Iran would not continue for \"too long\". [^2]\n\nTrump claimed that Iran was building a rocket that drops mines and that the U.S. destroyed it. [^3]\n\nThe Indonesian rupiah closed at Rp17,744 per US dollar on September 1, 2026, marking a decline of 22 points or 0.12% from the previous day's closing level of Rp17,722. [^4]\n\nUS President Donald Trump stated on September 2 that Iran has practically no ability to prevent oil tankers from passing through the Strait of Hormuz. [^5]\n\nDonald Trump, the President of the United States, posted on social media suggesting that the Strait of Hormuz should be renamed the 'Trump Strait'. [^6]\n\nEuropean gas prices reached their highest level since 2023 after the same news about the Strait of Hormuz and the US-Iran conflict. [^7]\n\nReuters reported that the overnight U.S. attack on 2026-09-02 was the biggest exchange of fire between Iran and Washington since July 2026. [^8]\n\nReports indicate that US forces struck two Iranian missile launchers on Larak Island on August 30, 2026, marking the first direct military engagement against Iran since late July. [^9]\n\nRully Nova explained that the spike in oil prices is a direct result of escalating military tensions between the United States and Iran in the Middle East. [^10]\n\nRully Nova, an analyst at Bank Woori Saudara, stated that the rupiah's weakness was primarily caused by a global surge in crude oil prices reaching US$91 per barrel. [^11]\n\nDonald Trump claimed that Iran is approaching economic collapse and that this outcome is only a matter of time. [^12]",
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      "statement": "Oil prices surged following news about the Strait of Hormuz and the potential escalation of the US-Iran conflict.",
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      "statement": "On 2026-09-02, President Donald Trump said the renewed U.S. military campaign against Iran would not continue for \"too long\".",
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      "statement": "Trump claimed that Iran was building a rocket that drops mines and that the U.S. destroyed it.",
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      "statement": "The Indonesian rupiah closed at Rp17,744 per US dollar on September 1, 2026, marking a decline of 22 points or 0.12% from the previous day's closing level of Rp17,722.",
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      "statement": "Rully Nova, an analyst at Bank Woori Saudara, stated that the rupiah's weakness was primarily caused by a global surge in crude oil prices reaching US$91 per barrel.",
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