Jakarta, June 17 -- Deputy Speaker of the People's Consultative Assembly (MPR) Bambang Wuryanto urged the government to be wary of the economic impact of the Israel-Iran conflict, which could trigger an increase in global oil prices.

Wuryanto made this statement to the press at the Parliamentary Complex, Jakarta, on Monday, according to a statement received on Tuesday.

According to the MPR deputy speaker, volatility in the oil market could strengthen the US dollar and weaken the currencies of developing countries, including Indonesia's rupiah.

Nevertheless, he assessed that the impact of the Israel-Iran conflict on Indonesia's oil supply would not be significant, as Iran primarily exports heavy crude oil, which only certain refineries ...