Loading…
The rupiah weakened to Rp18,089 per dollar on November 6 amid Middle East geopolitical concerns and worries about Indonesia’s fiscal position. Attacks on tankers near the Strait of Hormuz and Yanbu raised oil-supply concerns, while the article reported a September budget deficit of Rp319 trillion and said each $1-per-barrel increase in crude could add about Rp6 trillion to the budget burden.
Threats to oil supply can lift crude prices, increasing Indonesia’s import and subsidy costs and adding pressure to the rupiah. A weaker rupiah raises the local-currency cost of dollar-priced energy imports.
inforiau.coMahyudi YudhiNov 7, 2026Not enough comparable past events yet for a historical read.
After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.
After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
