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US and Iran Each Assert They Control the Strait of Hormuz
... a critical waterway for international oil and gas over which Iran ... reached last month. The US disputes that, citing international ... Oil prices jumped nearly 5% on Monday before falling back. US benchmark crude ... continued hours after the US ended its strikes — ...News Jul 13, 2026 | 7:08 pm
Pertamina Receives LPG Cargo from the US Equivalent to 15.2 Million 3-Kg Cylinders
... last year during negotiations over US trade tariffs. Under the agreement ... $15 billion worth of US liquefied petroleum gas, crude oil, and refined petroleum ...Business Jul 13, 2026 | 5:31 pm
Jakarta Stocks Trade Choppy Ahead of Bond Auction, S&P Sovereign Review
... the brokerage said. Meanwhile, crude oil posted weekly gains as tensions ... in the US-Iran conflict, alongside the US second-quarter ... Warsh's testimony before the US House Financial Services Committee ... awaiting a series of key US economic indicators this week, ...Business Jul 13, 2026 | 9:11 am
Indonesia’s Last Hormuz-Trapped Tanker to Arrive Home July 23
... . The last trapped Indonesian oil tanker has recently exited the ... war-induced uncertainty. After a US-Israeli fatal surprise attack on ... , not long after the US-Iran preliminary agreement. Pertamina ... roughly 2 million barrels of crude, is bound for Central Java ...News Jul 10, 2026 | 8:30 am
Rising Oil Prices, Weaker Consumer Confidence Weigh on JCI
... renewed Middle East tensions pushed oil prices higher and prompted investors ... East, which triggered a rebound in crude oil prices. “This prompted profit-taking ... volatile on Wednesday as oil prices climbed and US stocks came under ...Business Jul 9, 2026 | 9:09 am
IMF Cuts 2026 Global Growth Forecast to 3% as Iran War Fuels Energy Shock
... the Strait of Hormuz after US and Israeli strikes on Feb ... one-fifth of the world's crude oil and natural gas shipments, and ... later this month, despite renewed US strikes on Iran and President ... stock market as factors supporting US growth. By contrast, the 20 ...Business Jul 8, 2026 | 8:51 pm
JCI Suffers 2% Selloff After S&P Watchlist, Iran Escalation
... Iran intensified following fresh US airstrikes on Iran in ... previously allowed Iran to sell crude oil to global markets," Pilarmas ... above $78 a barrel, while US benchmark crude climbed 5.8% to $74.55 ... after US President Donald Trump ...Business Jul 8, 2026 | 4:07 pm
JCI Rises 0.3% as Fed Rate Hopes, Domestic Data Lift Sentiment
... another interest rate hike after US June nonfarm payrolls data, ... expectations. "Continued declines in crude oil prices have also eased concerns ... The market will also watch US ISM Services PMI, existing ... in observance of the US Independence Day holiday. Across ...Business Jul 6, 2026 | 9:02 am
Indonesia Market Cap Drops to $572 Billion as Foreign Selling Persists
... US-Iran peace negotiations, easing concerns over disruptions to oil ... shipments through the Strait of Hormuz. Crude prices ... support from weaker-than-expected US labor market data, which ... in the near term. US nonfarm payrolls increased by just ...Business Jul 4, 2026 | 10:51 am
Rupiah Edges Closer to 18,000 as Iran Talks Keep Markets on Edge
... weighed mixed signals from US-Iran peace negotiations and ... Washington and Tehran after US President Donald Trump expressed ... a direct disruption to Gulf crude oil supplies continue to ease," ... fresh direction in oil prices following the US holiday weekend, ...Business Jul 3, 2026 | 5:03 pm
Jakarta Stocks End Higher on Easing Oil Price Concerns, Fed Watch
... , supported by easing global oil prices, optimism over US-Iran peace talks ... well as signals on the US Federal Reserve's interest rate path ... Oil prices continued to retreat toward pre-conflict levels as crude shipments ...Business Jul 2, 2026 | 4:21 pm
Singapore, Malaysia Oil Imports Drive Indonesia’s Deficit
... Inflows of foreign crude and oil products had also driven ... Ateng said in Jakarta. US imports came in third place ... fourth largest source for crude,” Ateng explained. He ... on how much Brazilian crude had entered the ... the aftermath of the US-Iran war. Tehran has ...Business Jul 2, 2026 | 9:12 am
JCI Rises as Energy Stocks Offset Inflation and Trade Deficit Concerns
... deficit and expectations of higher US interest rates. The Jakarta ... by expectations that the US Federal Reserve could raise ... May as soaring crude oil prices pushed the oil and gas deficit ... about $72 a barrel, while US benchmark crude slipped below $69, easing ...Business Jul 1, 2026 | 4:43 pm
Indonesian Palm Oil Exports Up 7.71%, But Not Enough to Prevent Deficit
... “This brings exports of crude palm oil and its derivatives up ... However, some of Indonesia’s palm oil buyers — including Singapore, Egypt, ... US-Israeli surprise attack in late February has driven up oil ... blockade has caused the crude benchmark Brent to smash ...Business Jul 1, 2026 | 3:49 pm
Indonesia’s Six-Year Surplus Era Ends with $1.61 Billion Deficit
... streak in crude purchases, which comes as no surprise, as oil prices ... US-Iran war was already on its three-month mark. Non-oil ... into the red amidst the US-Iran conflict. Blockades at the ... across the globe. The global crude benchmark Brent had steadied above ...Business Jul 1, 2026 | 1:02 pm
JCI Rises Over 1% as Rupiah Extends Decline
... and investor caution ahead of US employment data. The Jakarta ... Kong markets were closed. Oil prices traded slightly higher as ... agreement involving Iran, with benchmark US crude rising to $69.87 a ... barrel and Brent crude climbing to $73.25. Analysts ...Business Jul 1, 2026 | 9:30 am
JCI Rebounds Above 6,000 as Lower Oil Prices Lift Sentiment
... 0.18%, as easing global oil prices and a stronger rupiah improved ... persistent concerns over higher US interest rates. Trading volume ... rally was supported by Brent crude prices falling toward $70 ... reinforced expectations that the US Federal Reserve will keep ...Business Jun 26, 2026 | 9:08 am
Indonesia Says Russian Crude Deal is Still On
... lack of clarity in the oil purchase negotiations. The government ... 150 million barrels of Russian oil. The shipments will take ... pursue the Russian crude despite the interim US-Iran peace deal ... handles a quarter of global oil flows. Despite the ongoing peace ...Business Jun 25, 2026 | 1:25 pm
Russia Says No Agreed Details on Indonesia’s Crude Import
... any specifics on its crude purchase, while saying that ... million barrels of Russian crude oil. The shipments would take ... Russian oil. An interim peace deal between the US and ... us to strengthen energy reserves through various means, including buying Russian crude ...Business Jun 24, 2026 | 6:22 pm
MSCI Concerns Push Rupiah Toward Rp 18,000 Mark
... important Rp 18,000 per US dollar mark on Tuesday, closing ... to Rp 17,859 per US dollar at the close of ... a temporary ceasefire framework between the US and Iran. Washington recently issued ... shipment, and import of Iranian crude oil and petroleum products as part ...Business Jun 23, 2026 | 5:12 pm
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