{
    "success": true,
    "data": {
        "id": 1750738,
        "msgid": "oil-prices-struggle-to-fall-implications-for-stock-investments-1779545941",
        "date": "2026-05-20 08:18:00",
        "title": "Oil Prices Struggle to Fall, Implications for Stock Investments",
        "author": "Sakina Rakhma Diah Setiawan",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Investment",
        "summary": "Oil prices have surged amid rising geopolitical tensions involving Iran, Israel, and the United States, with Ashmore Asset Management Indonesia saying the surge is unlikely to reverse quickly. The development could affect energy-importing economies like Indonesia and influence global investment directions in the near term.",
        "content": "<p>The surge in global oil prices has again drawn the attention of\nmarket participants amid rising international geopolitical tensions. The\nconflict involving Iran, Israel and the United States is seen as the\nprimary driver of higher energy prices since the start of the year.<\/p>\n<p>Managing Partner &amp; Founder of PT Ashmore Asset Management\nIndonesia Tbk, Arief Cahyadi Wana, says the rise in oil prices is not\nmerely a temporary upheaval. \u2018We know that since February oil prices\nhave surged. Triggered mainly by the Iran-Israel war and also the United\nStates,\u2019 he said at the SMBC Indonesia Economic Forum 2026 in Jakarta on\nTuesday 19 May 2026.<\/p>\n<p>According to him, the surge in oil prices carries impacts that are\nnot entirely positive for energy-importing countries such as Indonesia.\nHowever, Arief believes the phenomenon needs to be understood more\ndeeply because it will shape the direction of global investment in\ncoming years.<\/p>\n<p>Ashmore views that world oil prices will not easily return to the\nlower levels seen a few years ago. He said that global geopolitical\nshifts are changing the structure of the energy market.<\/p>\n<p>\u2018The oil prices are unlikely to revert to $50 or $60 per barrel,\u2019 he\nsaid.<\/p>\n<p>According to Arief, the current global conditions are characterised\nby political and geopolitical uncertainty that is increasingly hard to\npredict. He noted that relations among major nations have also undergone\nsignificant changes compared with before.<\/p>\n<p>Arief revealed that a few years ago he discussed with a former\nforeign minister in an international forum. In that discussion there was\na view that many major countries are no longer fully adhering to the\nprinciple of sovereignty.<\/p>\n<p>\u2018He himself said that nowadays many big countries do not comply with\nsovereignty,\u2019 Arief said. \u2018So what is happening now, whether in Iran or\nUkraine, is a derivative of governance that has already begun to\nchange,\u2019 he added.<\/p>\n<p>Ashmore has also run simulations of various periods of oil price\nspikes over the past decades. Based on that analysis, Arief estimates\nthat oil prices will take quite a long time to stabilise again.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/oil-prices-struggle-to-fall-implications-for-stock-investments-1779545941",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}