Indonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.

Indonesia will require platforms to deactivate "high ​risk" social media accounts for under 16s, according ​to a ministerial regulation issued earlier this month.

Southeast Asia's largest low-cost carrier AirAsia X said Monday it was raising ticket prices and cutting routes to cushion the impact of the war on Iran, but stressed demand for flights remained high.

Stocks soared and oil plunged in early trade in Asia on Wednesday after the United States and Iran agreed to a two-week ceasefire, with Tehran temporarily to reopen the vital Strait of Hormuz.

Global stocks wavered on Tuesday, while oil prices were perched near US$110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervy investors on the sidelines.

Crude oil prices opened higher on Monday, with US benchmark West Texas Intermediate up 1.86 percent to US$113.62 a barrel, as the war in the Middle East continues to squeeze global energy supplies.

The proposed reforms were unveiled after index provider MSCI warned in late January that the country was ​at risk of being downgraded amid concerns about a lack of transparency around stock ownership and ​trading.