Indonesia Faces Fuel Spike as Iran War Disrupts Middle East Supply Ahead of Eid

TL;DR Summary
A Persian Gulf conflict is disrupting energy supplies and driving fuel-price spikes in Indonesia just as Eid Al-Fitr travel surges are set to peak. Jakarta insists the country is well-supplied and will not raise prices before Eid, but analysts warn the disruption could fuel inflation and raise subsidy costs for a government already under fiscal strain, highlighting Indonesia’s limited refining capacity and status as a net importer.
- Iran War Brings Fuel Risk to Indonesia Ahead of Eid Travel Surge Bloomberg.com
- Prabowo Open to Breach Indonesia Deficit Cap Only During Crisis Bloomberg.com
- Indonesia will absorb shock from soaring oil prices using state budget Reuters
- Indonesia prepares COVID-era rule with deficit likely to breach 3% ceiling Nikkei Asia
- Jakarta: Subsidy bill looms over Prabowo’s growth goals amid oil spike Investing.com India
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