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State Budget Under Pressure as Oil Prices Soar

Monday, March 9, 2026

The Iran-United States war drives up global crude oil prices. The government prepares several scenarios, including the possibility that prices could exceed US$92 per barrel.

arsip tempo : 177879961573.

A large crude oil tanker anchored in the Strait of Hormuz, Iran, June 2024. Shutterstock/Clare Louise Jackson.. tempo : 177879961573.

AROUND 200 international tankers, according to shipping data from Lloyd’s List Intelligence, have been stranded in the waters of the Persian Gulf and the Gulf of Oman in the Middle East since traffic through the Strait of Hormuz nearly ground to a halt. Some chose to drop anchor. Others moved very slowly while waiting for developments in the security situation. For a week now, since war erupted between Iran and the United States-Israel coal

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Caesar Akbar

Ghoida Rahmah, Nandito Putra, and Faiz Zaki contributed to the writing of this article.

Pertamina Iran-Israel war Crude Oil Oil Import State Budget
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