{
    "success": true,
    "data": {
        "id": 1713488,
        "msgid": "pt-mie-adjusts-prices-due-to-middle-east-conflict-1777690322",
        "date": "2026-05-02 08:38:05",
        "title": "PT MIE adjusts prices due to Middle East conflict",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Business",
        "summary": "PT Motul Indonesia Energy (MIE), the Indonesian arm of French lubricant company Motul, has announced a price adjustment for its products in response to heightened geopolitical tensions in the Middle East, which have driven up global crude oil prices and increased costs for raw materials and logistics. Managing Director Welmart Purba stated that this strategic move is necessary to ensure the continuity of supply, maintain world-class quality standards, and support long-term service to consumers and business partners in Indonesia. The company commits to ongoing evaluations to keep pricing competitive and reflective of market realities, aiming to preserve innovation, product quality, and built trust amidst these challenges.",
        "content": "<p>Jakarta (ANTARA) - The French lubricant company Motul, under the\nauspices of PT Motul Indonesia Energy (MIE), is adjusting prices for its\nproducts in relation to the dynamics occurring globally. Managing\nDirector of PT Motul Indonesia Energy, Welmart Purba, stated that the\ndecision to adjust prices by PT MIE is driven by increasing pressure on\nthe lubricant industry due to global geopolitical conditions,\nparticularly the conflict in the Middle East region, which directly\nimpacts the volatility of the crude oil market and its derivatives.\n\u201cSuch conditions have triggered a rise in global crude oil prices,\nincreased costs of main raw materials for lubricant production, and a\nsurge in global logistics costs,\u201d said Welmart in his official statement\non Sunday. Welmart continued that to address the current situation, his\nside is reluctantly taking firm steps to ensure the sustainability of\ntheir product supply in the country. \u201cPT Motul Indonesia Energy is\ntaking strategic steps to ensure the sustainability of product supply,\nmaintain world-class lubricant quality standards, and guarantee\nlong-term service support for all consumers and business partners,\u201d he\nadded. \u201cWe are committed to continuously evaluating developments in the\nglobal situation so that our pricing policies remain relevant,\ncompetitive, and reflective of actual market conditions for mutual\nbusiness progress,\u201d explained Welmart. This price adjustment is expected\nto maintain Motul Indonesia\u2019s position in consistently delivering\ninnovation and high-quality products to consumers in Indonesia, while\npreserving the trust that has been established.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/pt-mie-adjusts-prices-due-to-middle-east-conflict-1777690322",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}