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Bleak Global Economic Forecast Amid Escalating Middle East War

16:25, 30 Mar 2026

The Organization for Economic Co-operation and Development (OECD) assesses that the ongoing conflict in the Middle East is hindering global economic growth while also driving inflation higher. In its latest report, the OECD projects that global economic growth will slow from 3.3% last year to 2.9% i

Endless Middle East Conflict Sparks Economic Warnings from Indonesia

16:25, 30 Mar 2026

Economists assess that Indonesia’s economic growth is likely to remain stagnant over the next three months. This outlook is reflected in the Economist Survey Report released by the Institute for Economic and Social Research (LPEM) at FEB UI. “Looking ahead to the next three

Global Oil Prices Jump Amid Escalating Middle East Tensions

16:25, 30 Mar 2026

Global crude oil prices surged during trading on Monday (March 30, 2026), driven by the escalating conflict in the Middle East. According to Reuters, Brent crude rose by US$3.09, or 2.74%, reaching US$115.66 per barrel. This increase extended the upward trend from the previous Friday, w

Indonesian Government Continues to Negotiate, Bahlil Says Negotiations for the Release of Two Indonesian Tankers in the Strait of Hormuz Are Not Easy

11:31, 30 Mar 2026

Minister of Energy and Mineral Resources Bahlil Lahadalia has spoken candidly: securing the release of two Indonesian tankers currently detained in the Strait of Hormuz is no straightforward matter. The geopolitical complexity and the acute sensitivity of the region, Bahlil stated, constitute a form

Indonesia Growth Seen Under 5.5% as Outlook Falls Short of Target

14:37, 27 Mar 2026

The 2026 Eid al-Fitr holiday is considered a key driver of Indonesia’s economic growth during the first quarter of 2026. The government believes that increased household consumption and the annual homecoming flow could push economic growth to 5.5% or even higher. However, INDEF Se

Iran Opens Hormuz Strait to Select Nations - Indonesia's Status Unclear

14:37, 27 Mar 2026

A Malaysian oil tanker has been granted permission by the Iranian government to pass through the Strait of Hormuz, as stated by Prime Minister Anwar Ibrahim. “We are currently in the process of releasing the Malaysian oil tanker along with its crew so they can continue their journ

Fuel Prices Surge Worldwide: Countries Hit by Iran-US-Israel Conflict

11:32, 26 Mar 2026

Several countries around the world have raised fuel prices over the past month as a consequence of the conflict between Iran and the United States (US) along with Israel. According to Al Jazeera, the surge in fuel prices across many nations has been driven by disruptions in global oil a

Fuel Crisis Risk Looms: Purbaya Urges Indonesia to Get Ready

11:32, 26 Mar 2026

Finance Minister Purbaya Yudhi Sadewa responded to the situation in several countries that have begun to feel the impact of the Middle East conflict. For instance, the Philippines has declared a national energy emergency, while Bangladesh is starting to experience a fuel crisis. Purbaya

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