{
    "success": true,
    "data": {
        "id": 1818797,
        "msgid": "analyst-predicts-pertamax-price-drop-in-july-1782205031",
        "date": "2026-06-23 15:04:31",
        "title": "Analyst Predicts Pertamax Price Drop in July",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Energy",
        "summary": "An energy economist forecasts a reduction in the price of non-subsidised fuel Pertamax in early July, driven by declining global oil prices. The potential price cut is linked to easing US-Iran tensions and the reopening of the Strait of Hormuz, though officials caution the situation remains dynamic. The Finance Minister also noted the possibility of lower fuel prices could improve rupiah stability and investment.",
        "content": "<p>Energy economist from Gadjah Mada University (UGM) Fahmy Radhi\nestimates the price of non-subsidised fuel such as Pertamax will fall in\nJuly, responding to the decline in world oil prices. \u201cIdeally, the price\nof Pertamax should be lowered at the beginning of July,\u201d Fahmy said when\ncontacted from Jakarta on Tuesday. Fahmy noted that world oil prices are\nnow around the level of 80 US dollars per barrel, much lower after\nhaving surpassed the level of 100 US dollars per barrel at the peak of\ntensions between the United States (US)-Israel and Iran. At that time,\nhe said, Iran closed the Strait of Hormuz, which resulted in a global\noil scarcity. After tensions between Iran and the US eased, along with\nthe reopening of the Strait of Hormuz, Fahmy said world oil prices began\nto fall as the scarcity problem started to be resolved. Nevertheless,\nFahmy assessed that negotiations between Iran and the US remain dynamic,\nas the outcome of the talks does not yet guarantee peace. \u201cSo, there is\nstill fluctuation, for who knows how long. But specifically for\nIndonesia, if the price of Pertamax is above the market price when\nevaluated, the government must lower it,\u201d Fahmy added. Finance Minister\nPurbaya Yudhi Sadewa opined that the price of Pertamax fuel has the\npotential to decrease in line with the movement of world oil prices.\nPurbaya explained that the global economy has gained hope from the\nopening of peace opportunities between the US and Iran. If that peace is\nrealised, Purbaya said, rupiah exchange rate stability is expected to\nimprove, the cost of funds will become more competitive, and investment\nwill continue to strengthen. The Ministry of Energy and Mineral\nResources (ESDM) stated the government continues to secure alternative\nenergy sources amid the ongoing negotiations between the US and Iran.\nAlthough the talks provide a positive signal to ease tensions in the\nMiddle East and open up stability in world oil prices, ESDM Ministry\nSpokesperson Dwi Anggia considers the US-Iran relationship to remain\ndynamic. According to her, Indonesia must still anticipate various\npossibilities. \u201cWe must be optimistic, but anticipatory steps must also\nbe taken,\u201d Anggia said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/analyst-predicts-pertamax-price-drop-in-july-1782205031",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}