The soaring oil prices and other immediate consequences of the ongoing United States-Israeli war on Iran are set to hit the Indonesian economy through multiple channels, including disruptions to the supply of oil, liquefied petroleum gas (LPG), fertilizer and food, as well as heightened inflationary pressure. Most critically, these factors threaten to undermine the 2026 fiscal budget. Without immediate adjustments, deficits will likely breach the legal limit of 3 percent of gross domestic product (GDP). [...]