Jakarta \u2013 President Prabowo Subianto acknowledged that many other\ncountries have been severely affected by the war in the Middle East,\nincluding the high prices of energy or oil.<\/p>\n
However, he emphasised that Indonesia is far better off than other\nnations.<\/p>\n
Prabowo made this statement during a briefing at the Government\nWorking Meeting (Raker) at the Presidential Palace Complex in Central\nJakarta on Wednesday, 8 April 2026.<\/p>\n
\u201cThe crisis occurring in the Middle East, which has caused energy\nprices to soar, we must be convinced and grateful that our nation\u2019s\ncondition is far better than that of other nations,\u201d Prabowo said.<\/p>\n
Prabowo said he had studied data related to the war in the Middle\nEast. He also immediately coordinated with several relevant ministries\nor agencies to report on the global situation.<\/p>\n
Amid the global crisis due to the war in the Middle East, Prabowo\nconveyed that Indonesia remains in the safe category. Although, he said,\nthere are several challenges that must be faced.<\/p>\n
\u201cAfter I studied the figures and received reports from my ministers,\nit turns out our condition is quite safe. There are challenges, there\nare difficulties, but we are able to face and overcome them,\u201d he\nsaid.<\/p>\n
It is known that global oil prices fell sharply after the United\nStates and Iran reached a temporary ceasefire agreement for two weeks,\nwhich also included the reopening of the strategic Strait of Hormuz.<\/p>\n
According to BBC on Wednesday, 8 April 2026, the global benchmark\nBrent crude was recorded to have dropped around 13 percent to US$94.80\nor the equivalent of Rp1,611,600 per barrel (exchange rate Rp17,000).\nMeanwhile, oil prices traded in the United States plummeted more than 15\npercent to US$95.75 or around Rp1,627,750 per barrel.<\/p>\n
This decline occurred after energy prices had previously surged\nsharply due to supply disruptions from the Middle East. The conflict\nthat began on 28 February had once pushed oil prices far above normal\nlevels, from around US$70 or approximately Rp1,190,000 per barrel.<\/p>\n
This ceasefire essentially occurred after the United States stated it\nwould halt attacks on Iran for two weeks, on the condition that Tehran\nfully, immediately, and safely opens the Strait of Hormuz. Iran then\nresponded by stating its willingness to halt the conflict if attacks on\nits territory were stopped, while also opening the shipping lane in that\nstrait.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/amid-global-crisis-prabowo-our-nation-is-far-better-off-than-other-countries-1775638383", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }