Video: Strategies to Secure Indonesia-Iran Trade Cooperation Amidst War

Geopolitical unrest in the Middle East has intensified after the United States and its ally Israel bombarded Iran, killing Iran’s supreme leader, Ayatollah Ali Khamenei, on 27 February 2026. This Iran-US tension is feared to impact the global economy, given Iran’s control over the Strait of Hormuz, a vital global trade route including for crude oil; its potential closure could drive up global inflation and heighten risks of economic slowdown. For Indonesia, the Middle East war shaking Iran will undoubtedly affect RI-Iran trade cooperation, where Indonesia’s exports to Iran reached USD 249.1 million in 2025. What is the war’s impact on Indonesia’s economy? How does it affect RI-Iran trade relations? For more details, watch the dialogue between Shafinaz Nachiar and CNBC Indonesia Research Agrifood Analyst Emmanuella Bungasmara Ega Tirta in Squawk Box, CNBC Indonesia (Thursday, 05/03/2026).