Indonesian Political, Business & Finance News

Video: US Threatens 'Economic War' Sanctions on Iran, Oil Prices Soar

| Source: CNBC Translated from Indonesian | Economy
Video: US Threatens 'Economic War' Sanctions on Iran, Oil Prices Soar
Image: CNBC

Jakarta, CNBC Indonesia - At 10:02 WIB in Friday’s trading session (21/08), the Jakarta Composite Index (IHSG) continued its strengthening trend, rising 1.68% to the level of 6,501. In line with the IHSG, the rupiah also strengthened to the level of Rp 17,740 per US dollar. From the commodity market, gold prices came under renewed pressure due to the direction of the Federal Reserve’s policy and the threat of rising inflation, while oil prices were pushed higher by the threat of economic war from the US against Iran. What sentiments are market participants focusing on? For more details, watch Maria Katarina’s review on Profit, CNBC Indonesia (Friday, 14/08/2026).

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