US-Iran Peace Deal: Golkar Urges Government to Move Quickly to Repair Indonesia's Fiscal Health

Jakarta – The Chairman of the Golkar Party Faction in the Indonesian House of Representatives, M. Sarmuji, has welcomed the announcement of a peace agreement between the United States and Iran. He described the good news as something the entire world has been waiting for.

“This is the news awaited by all the world’s people who yearn for peace. The Golkar Party Faction in the DPR RI welcomes and gives high appreciation for the achievement of this agreement,” Sarmuji said in a statement on Tuesday, 16 June 2026.

Sarmuji emphasised that this agreement is not only a victory for the two conflicting countries, but also a victory for the multilateral order and the active role of diplomacy by developing nations. Pakistan, together with Turkey, Qatar, and Saudi Arabia, played a key role as facilitators in the long and arduous negotiation process.

“This proves that the diplomatic path, however difficult and winding, is always more dignified than war,” he stressed.

Sarmuji insisted that the government must immediately translate this into real economic recovery. The US-Iran war has left deep economic scars, not only for the Middle East region but for the entire world, including Indonesia.

“We hope this peace agreement will quickly impact the decline in world oil prices, which have been affected by the escalation of conflict and the closure of the Strait of Hormuz. High oil prices burden our state budget through ballooning fuel subsidies, suppress people’s purchasing power, and add inflationary pressure. The normalisation of world energy prices is a direct interest of the Indonesian people,” Sarmuji said.

He added that the impact of the conflict does not stop at oil prices. Global supply chain disruptions triggered by the closure of the Strait of Hormuz have led to a surge in international logistics and shipping costs, which are ultimately felt by consumers and businesses in Indonesia.

Sarmuji noted that market signals have already spoken faster than any calculation. The price of Brent crude immediately fell nearly 4 percent to around US$83.92 per barrel in Monday morning trading, down from Friday’s close of US$87.33 per barrel.

“This is a momentum that must not be wasted. The government must move quickly and measurably to convert this peace into real benefits for the Indonesian people,” Sarmuji said.