JAKARTA, Jakartaweekly.com—WTI and Brent crude oil prices plunged on Monday, August 3, 2026, according to Investing.com data as of 10:44 a.m. WIB. WTI crude fell 5.48% to US$80.12 per barrel after briefly touching US$79.67 per barrel. Meanwhile, Brent crude declined 4.99% to US$83.54 per barrel. The sharp decline came after President Donald Trump announced that […]
JAKARTA, Jakartaweekly.com—Global gold prices and domestic gold bullion are expected to remain volatile with a downward bias. For domestic gold bullion, prices are expected to trade within a range of Rp2,430,000 to Rp2,720,000 per gram this week. The main drivers are escalating geopolitical tensions in the Middle East, particularly threats of blockades in the Red […]
JAKARTA, Jakartaweekly.com – The anger of United States President Donald Trump toward Iran has weakened the Indonesian rupiah. At the close of trading on Monday, May 11, 2026, the rupiah depreciated by 32 points to Rp17,414 per US dollar. Economist, currency, and commodities analyst Ibrahim Assuaibi said geopolitical risks have increased after Trump described Iran’s […]
JAKARTA, Jakartaweekly.com — French President Emmanuel Macron stated that he had spoken directly with Iranian President Massoud Pezeshkian regarding the escalating conflict in the Middle East, particularly following attacks on civilian infrastructure in the United Arab Emirates and several vessels, while also preparing a multinational mission. In his statement, Macron expressed deep concern over the […]
JAKARTA, Jakartaweekly.com — The rupiah depreciated against the US dollar in Tuesday’s trading session on April 28, 2026. The currency opened 27 points lower from the previous day’s close and extended its decline by another 5 points to Rp17,243 per US dollar. Overall, the rupiah fell by 32 points compared to Monday’s closing level of […]
JAKARTA, Jakartaweekly.com – A temporary ceasefire between the United States and Iran over the next two weeks is expected to have a significant impact on global markets, ranging from oil prices and currency exchange rates to gold price prospects. Market analyst Ibrahim Assuaibi said the agreement, which was mediated by Pakistan, came as a surprise […]
Rising geopolitical tensions in the Middle East have pressured Indonesia’s stock market and pushed global oil prices higher. Analysts outline three possible scenarios for the Jakarta Composite Index, from prolonged market pressure to a potential recovery if tensions ease.
Brent crude jumped around 10% following escalating U.S.-Israel strikes on Iran, with analysts warning prices could exceed $100 per barrel. Indonesian market observers say the turmoil may weaken the rupiah and increase domestic economic pressure.
