{ "success": true, "data": { "id": 1581461, "msgid": "list-of-goods-likely-to-rise-in-price-due-to-iran-vs-israel-us-conflict-1772450249", "date": "2026-03-02 17:16:00", "title": "List of Goods Likely to Rise in Price Due to Iran vs Israel-US Conflict", "author": "", "source": "VIVA", "tags": "bisnis", "topic": "Economy", "summary": "Escalating tensions between Iran, Israel, and the United States pose significant risks to global commodity prices, particularly given the strategic importance of the Strait of Hormuz, through which approximately 20 per cent of global oil and gas supplies pass. The article outlines five categories of goods vulnerable to price increases if the conflict intensifies: fuel and petroleum products, liquefied petroleum gas, precious metals like gold, fertilisers and agricultural products, and foodstuffs, with potential ripple effects across transportation, household budgets, and small businesses across Indonesia.", "content": "

Jakarta \u2013 Escalating tensions between Iran and Israel, with the\ninvolvement of the United States, are triggering significant concerns\nacross global markets. Military strikes and threats to disrupt strategic\nenergy routes such as the Strait of Hormuz are prompting investors and\nbusiness operators to prepare for potential spikes in the prices of\nvarious commodities.<\/p>\n

The Strait of Hormuz is a vital waterway through which approximately\n20 per cent of global oil and gas supplies pass. Should distribution be\ndisrupted for an extended period, the impact could ripple across\nnumerous sectors, ranging from energy to daily necessities.<\/p>\n

Below is a list of goods that could experience price increases should\nthe conflict continue to escalate:<\/p>\n

    \n
  1. Fuel and Petroleum Products<\/li>\n<\/ol>\n

    Global crude oil prices typically react first to tensions in the\nMiddle East. Rising oil prices have the potential to drive up petrol,\ndiesel, and aviation fuel prices. If global oil prices surge sharply,\nthe costs of transportation and goods distribution will also increase\naccordingly. In a prolonged conflict scenario, fuel prices across\nvarious countries could experience significant adjustments.<\/p>\n

      \n
    1. Liquefied Petroleum Gas and Household Gas<\/li>\n<\/ol>\n

      Beyond fuel, household gas prices also have the potential to rise.\nDisruptions to global energy supply could increase gas import costs,\nparticularly for nations dependent on foreign supplies. Price increases\nin liquefied petroleum gas will directly impact household expenditure\nand small business operators such as restaurants and micro, small and\nmedium enterprises.<\/p>\n

        \n
      1. Gold and Precious Metals<\/li>\n<\/ol>\n

        When geopolitical situations heat up, investors typically seek\nsafe-haven assets such as gold. Increased demand could push global gold\nprices higher. This increase does not only affect bullion prices but\nalso jewellery and other precious metals such as silver, platinum, and\npalladium.<\/p>\n

          \n
        1. Fertilisers and Agricultural Products<\/li>\n<\/ol>\n

          The conflict in the Gulf region also has the potential to disrupt\nfertiliser distribution, given that certain raw materials and shipping\nroutes pass through this strategic area. If fertiliser prices rise,\nagricultural production costs will increase and could impact food prices\nat the consumer level.<\/p>\n

            \n
          1. Food Products<\/li>\n<\/ol>\n

            Rising energy costs typically spread to the food sector.\nTransportation, processing, and storage costs become more expensive when\nfuel prices increase.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/list-of-goods-likely-to-rise-in-price-due-to-iran-vs-israel-us-conflict-1772450249", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }