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The High Stakes of a US-Iran War

Monday, February 23, 2026

A US attack on Iran could tear a hole in Indonesia’s budget and currency stability. Jakarta will pay—through inflation, debt, or both.

arsip tempo : 177598829033.

Illustration. Tempo/Gatot Pandego. tempo : 177598829033.

A POLITICAL farce of decidedly grim proportions is unfolding on the global stage. As United States President Donald Trump unveils his so-called Board of Peace initiative, preparations for war appear to be moving in the opposite direction. American forces are on high alert for a potential strike on Iran, while financial markets remain gripped by unease.

An open conflict between the United States and Iran would hit global markets and the worl

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