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Dampak Perang Iran-Israel bagi Ekonomi Dunia, Termasuk Indonesia

The Impact of the Iran-Israel War on the World Economy, Including Indonesia

Dream - Iran has attacked Israel on Saturday night, April 13, 2024. Iran launched hundreds of drones to missiles.

The Impact of the Iran-Israel War on the World Economy, Including Indonesia

The attack was a response to the Israeli assault on the Iranian consulate in Damascus on Monday, April 1, 2024, at around 17:00 local time.

The Impact of the Iran-Israel War on the World Economy, Including Indonesia

This action is also a form of Iran's resistance against Israel's attack on Palestine. Iran's attack has made Israel panic and requested the United Nations Security Council (UNSC) to immediately hold an emergency meeting regarding the attack carried out by Iran.

The Impact of the Iran-Israel War on the World Economy, Including Indonesia

The boiling tension of the geopolitical situation in the Middle East has also caused concern among several countries regarding the threats and impacts of war. So, what would be the economic consequences of such an attack on the world?

"Stock Market"

According to a report from Financial Express, as quoted from Merdeka.com, there are several economic impacts of the war between Iran and Israel. Firstly, the global stock market is likely to experience a spontaneous reaction in the first trading session this week. This is because investors are worried about the impact of Iran's military attack on Israel.

               

Considering that Iran and Israel have direct relations with several important sectors of the world. Moreover, Iran is a major global energy player, while Israel dominates the field of defense and global technology.

The Impact of the Iran-Israel War on the World Economy, Including Indonesia

Impact on Currency

In a turbulent time, investor sentiment in the currency market is hit. Even the safest or most stable currency like the US dollar becomes stronger as investors seek protection in stronger currencies amidst economic uncertainty. On the other hand, this directly affects other currencies that weaken due to the risk.

               
The Impact of the Iran-Israel War on the World Economy, Including Indonesia

In the report, the Indian Rupee is likely to face pressure due to higher crude oil prices. Considering Iran is a major crude oil producer.

The translated text in English while preserving the HTML tags is: "World Oil Prices Will Soar."

It is known that the Middle East is a major oil-producing region. As a result of the war, there is a possibility that oil production and supply will be disrupted if the war continues. Any supply disruption will cause a spike in crude oil prices. This will have a significant impact on food prices and global commodities.

               
The Impact of the Iran-Israel War on the World Economy, Including Indonesia

Given that countries have been struggling against the situation of rising prices that emerged after the Russia-Ukraine war and the Israel-Hamas conflict.

"Market Commodities"

Fourth, the Iran-Israel war can also harm other commodity markets, depending on the region involved. Israel, as a leading technology supplier to the global agricultural sector, any escalation of the war situation in that region is likely to disrupt crop production and supply chains. As a result, it could cause higher agricultural commodity prices.

               

The following is the translation of the given 'Bahasa' text to 'English' while preserving any html tags: "This war will threaten the stability of the global financial market. Turmoil over a longer period of time will cause an increase in stock market volatility. The same goes for currencies, gold bars, oil, and other commodities."

The Impact of the Iran-Israel War on the World Economy, Including Indonesia
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