Prabowo Convenes Ministers to Discuss Iran-Israel-US War Impact
President Prabowo Subianto convened several ministers at the Presidential Palace in Jakarta to discuss the impact of the conflict between Iran, Israel, and the United States. Cabinet members who attended the Palace included Energy and Mineral Resources Minister Bahlil Lahadalia and Food Coordinating Minister Zulkifli Hasan.
Upon arriving at the Palace, Bahlil outlined the purpose of the meeting with Prabowo. “It likely concerns current conditions and geopolitics,” said the Golkar Party Chairman.
Bahlil specifically highlighted Iran’s closure of the Strait of Hormuz as a result of the conflict. According to him, the closure of this critical global oil supply distribution route requires anticipation from the Indonesian government. “Because regardless, we are still importing crude oil ahead of the Lebaran holiday,” he stated.
Bahlil said he would meet with the National Energy Council to discuss mitigation of the Strait of Hormuz closure. “Tomorrow I will meet with the National Energy Council, and after that I will convey the results of analysis and study from the DEN,” he said.
Meanwhile, Food Coordinating Minister Zulkifli Hasan mentioned that the meeting with Prabowo discussed anticipating the consequences of war in the Persian Gulf. “Anticipating the food sector situation post-Middle East war,” said the National Mandate Party Chairman upon arriving at the Palace.
Global oil prices surged again during trading on Monday, 2 March, as tensions escalated between the United States and Israel against Iran. Price increases were also driven by the closure of one of the world’s vital oil trading routes, the Strait of Hormuz, by Iran’s Islamic Revolutionary Guards Corps (IRGC).
According to Trading Economics data, Brent crude oil prices jumped by as much as 12 per cent on Monday morning at market opening. Brent crude oil prices reached US$78.2 per barrel, up from the close on 28 February, which was recorded at US$72.8 per barrel.
West Texas Intermediate (WTI) crude oil prices rose to approximately US$71.9 per barrel, up from the 28 February 2026 close recorded at US$67.2 per barrel.
Tensions in the Middle East escalated after the United States and Israel launched a combined offensive against Iran on Saturday, 28 February 2026. US President Donald Trump announced that the strike killed Iran’s supreme leader, Ayatollah Ali Khamenei.
Iran retaliated by launching waves of missiles and drones at Israel and several military bases in the Middle East where US forces operate.
The conflict has shown no signs of abating. According to Daily Mail on 2 March 2026, Donald Trump indicated that the possibility of war with Iran could last for the next four weeks.