KBR | Iran-Israel Conflict and Electric Vehicles

The war between Iran and Israel has added to the list of geopolitical conflicts that have an impact on world oil prices. For Indonesia as an oil and petroleum products importing country, the effect is very significant. People must be anxious when there is a rumor of a fuel price hike, because it will automatically raise other prices. For years, the government has cushioned this impact with a subsidy scheme.

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