Geopolitical Conflict
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Indonesian Businesses Brace for Iran-Israel Conflict Fallout
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Following US-Israeli strikes on Iran—detailed in prior coverage—that killed Supreme Leader Ayatollah Khamenei and escalated Middle East tensions with oil and gold surges, Indonesian businesses are implementing short-term risk mitigations amid rising costs, while Bank Indonesia monitors inflation risks.
With Supreme Leader Ayatollah Ali Khamenei's death now confirmed in ongoing US-Iran conflict, Iran's 2026 FIFA World Cup participation—already in doubt after initial strikes—is increasingly uncertain. All group matches are set in the US, prompting FIFA to monitor closely without detailed contingencies.