- Middle East conflict drives global energy and trade instability
- Industry leaders, including representatives from Mitsui O.S.K. Lines and the IEA, are providing assessments regarding maritime operations and advocating for unimpeded passage through the Strait of Hormuz.
- Energy risks for Southeast Asia are exposed due to the Iran war, causing demand shocks observed by a solar company in Manila, amidst the IEA's assessments.
- Global economic headwinds, including slowing demand in Southeast Asia and Indonesia, are compounded by geopolitical risks stemming from the Middle East conflict and US trade policies.
Indonesia is actively seeking ways to offset economic disruptions caused by the ongoing situation in the Middle East.
2 reports, 2 independent
Updated Oct 9
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What happened
Indonesia is actively seeking ways to offset economic disruptions caused by the ongoing situation in the Middle East.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Indonesia's output is expected to push the global market into surplus while war in the Middle East disrupts regional shipments.Sub-event
- Conflict in the Middle East has led to a reduction in import sources.Sub-event
Indonesia and India are driving global expansion while Middle East conflict impacts trade.1 source
Indonesia demands offsets against Middle East disruptions.1 source
Keep exploring
Part of
Global economic headwinds, including slowing demand in Southeast Asia and Indonesia, are compounded by geopolitical risks stemming from the Middle East conflict and US trade policies.Also in this story
- Indonesia renews a trilateral agreement to strengthen cooperation amid regional security issues.
- Carney discussed trade with Trump amid global economic worries, while war prospects affect oil markets and bond yields.
- Conflict in the Middle East is causing market disruptions, leading to increased costs for sulfuric acid and affecting market trends in Indonesia.
- Japan is developing charts and funding ODA projects in Southeast Asia, linking regional stability to Middle East energy flows.
Within Middle East conflict drives global energy and trade instability
The entities involved
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Indonesia
island country in Southeast Asia and Oceania
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- Middle East crisis drove up global fuel prices, impacting Cambodia.
- The Middle East conflict is causing a steep decline in fuel oil imports, leading to market pricing dynamics being compared between Fujairah and Singapore.
- Indonesia curtailed natural gas exports to Singapore, leveraging energy endowments for geopolitical advantage amid regional friction.
- Indonesia and Singapore are pursuing a bilateral energy initiative for electricity export, aiming for 2035 operation.
- Conflict reduces global petroleum demand and constrains consumption, according to Kpler's demand forecasts.