The Impact of Iran-Israel War to the Indonesian Economy
Monday, June 23, 2025
The Iran-Israel war threatens global oil supply, raising fears of ballooning subsidies and surging inflation.
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IN a weekly board meeting scheduled for mid-July, executives at Indonesia’s state oil company, Pertamina, are preparing defensive measures to cushion the impact of the Iran-Israel war on fuel supply.
According to Pertamina’s Vice President of Corporate Communication, Fadjar Djoko Santoso, the company is focused on ensuring the safety of fuel tankers navigating international shipping lanes while also mapping out alternate routes
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