Jakarta, Jan. 5 -- Deputy Chairman of Indonesia's People's Consultative Assembly (MPR) Eddy Soeparno on Monday urged the government to anticipate the risk of rising global oil prices and a potential energy shock following reports of a United States attack on Venezuela.
Soeparno said the reported action could ripple through global energy markets, noting Venezuela's status as one of the world's major oil exporters despite years of declining production.
"There need to be anticipatory measures by relevant ministries to address both the short-term and long-term impacts of this situation," he said, calling for close monitoring of oil price movements.
He added that with effective mitigation strategies, Indonesia's state budget could be shield...
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