Daily News Brief — April 11, 2026

Top Stories

Israel Launches "Major" Airstrikes in Lebanon

• What’s happening: Israel conducted a massive wave of airstrikes in Lebanon on Wednesday (8/4), resulting in hundreds of casualties. Prime Minister Benjamin Netanyahu has made it clear that any potential ceasefire with Iran does not include Hezbollah.
• Why it matters: This marks a dangerous new chapter in the Middle East conflict. The ongoing tension between Israel and Iran continues to threaten regional stability and global energy supplies.

Iran Closes Strait of Hormuz Following Israel’s Attacks

• What’s happening: Iran has shuttered the Strait of Hormuz in response to Israel’s military actions against Hezbollah.
• Why it matters: This is a critical chokepoint through which roughly 20% of the world's oil flows. The closure could spike oil prices and increase fiscal strain for energy-importing nations, including Indonesia.

Netanyahu Ousts Spain from Gaza Coordination Center

• What’s happening: PM Netanyahu has removed Spain from the Gaza Military-Civilian Coordination Center. This move follows Spain’s increasingly vocal opposition to Israel’s military operations and its stance on US policy regarding the conflict.
• Why it matters: The diplomatic rift between Israel and European nations is widening, with Spain emerging as one of the most outspoken critics among Western allies.

Economy & Business

Rupiah Slips Past Rp17,000 per USD

The rupiah weakened beyond the Rp17,000 mark during Thursday's opening (9/4). Trading for Friday (10/4) is expected to stay in the Rp17,090–Rp17,140 range as global geopolitical tensions and energy supply disruptions weigh on the currency.

World Bank Trims Indonesia’s Growth Outlook

The World Bank now projects Indonesia’s economic growth for this year at 4.7%, down from previous estimates. This revision has negatively impacted the IHSG, which is struggling against regional market trends due to Middle East volatility.

IHSG Sees Brief 4.42% Rally

The IHSG closed up 4.42% at 7,279 on Wednesday (8/4), providing a small recovery after an 18.49% drop during Q1 2026. While the market saw a temporary boost from a slight cooling in geopolitical tensions, pressure remains high.

Global Roundup

Indonesian Venture Capital Reaches Rp16.46 Trillion

As of February 2026, venture capital financing recorded by the OJK hit Rp16.46 trillion, with the trade sector leading the way. The data suggests investors are maintaining confidence despite high market volatility.

Middle East Conflict Threatens Oil Prices

The escalation between Israel, Hezbollah, and Iran—and the Strait of Hormuz closure—could drive global oil prices higher. While this affects many Asian importers, the Indonesian government has assured that subsidized fuel prices will remain stable through the end of 2026.

Badminton Asia Championships 2026: Alwi Farhan Out

Indonesian men's singles player Alwi Farhan has been knocked out of the Badminton Asia Championships 2026 after a loss in the Round of 16.

Keep an eye on

• Israel-Lebanon-Iran Conflict: The situation is highly volatile. Any further developments will directly impact energy prices and Indonesia's economic stability.

• Rupiah and IHSG Stability: With the rupiah breaching Rp17,000 and the IHSG showing instability, financial markets remain under close watch.

• Economic Growth Targets: The World Bank’s 4.7% projection and ongoing global pressures are key factors to watch regarding future government fiscal policies.