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Pramono Flags Potential Price Increases in Jakarta Amid Israel-Iran Conflict

| | Source: KOMPAS Translated from Indonesian | Economy
Pramono Flags Potential Price Increases in Jakarta Amid Israel-Iran Conflict
Image: KOMPAS

Jakarta, Kompas.com - Jakarta Governor Pramono Anung has expressed concern over potential increases in commodity prices in the capital as a result of Israel’s military strike on Iran that occurred on Saturday, 28 February 2026.

Pramono stated that the global conflict between Israel and Iran has the potential to deliver economic impacts, both direct and indirect, including effects on Jakarta.

“Because in any case, war will certainly have an impact, whether direct or indirect,” said Pramono following a joint breaking of the fast event at the Al Hamid Putra Islamic Boarding School, Cilangkap, Cipayung, East Jakarta, on Saturday.

According to him, the conflict has the potential to disrupt global transport routes and goods supply.

“Especially since one of the main concerns is that the war is occurring on global transport routes, including the Strait of Hormuz and so forth,” he said.

He added that disruptions in these routes could impact supply chains and trigger increases in commodity prices.

“If anything happens, it will certainly cause price increases and also disrupt the supply chain,” he continued.

He assured that the Jakarta provincial government would continue to maintain communication and coordination to anticipate the impacts of the global upheaval.

“So once again, I am grateful that for Jakarta we continue to look after it together, and in welcoming Idul Fitri, I have repeatedly conveyed that the main theme adopted by Jakarta is ‘Return to Jakarta,’” he said.

The Israeli government subsequently closed airspace and declared a state of emergency. According to The Guardian, the airspace closure was taken as a precautionary measure in case Iran retaliates with drone and missile strikes.

An Israeli military spokesman described the bombardment as a preliminary strike to eliminate threats to the country.

Meanwhile, Agence France-Presse (AFP) reported two explosions heard in Teheran.

Governments of several countries are now monitoring the escalation of the conflict as it is feared it could trigger regional instability and impact the global economy.

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