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Indonesia's Energy Crisis Deepens Amid Rising Fuel Prices

3/15/2026

Summary

Story summary

Indonesia faces an energy crisis as President Prabowo Subianto contends with rising fuel prices ahead of Eid Al-Fitr.
The Persian Gulf conflict disrupts energy supplies, with analysts warning it could deter foreign investors as the rupiah declines.
Indonesia's fuel reserves are among the lowest in Southeast Asia, raising shortages risk.
The government has ruled out price hikes before the holiday, risking 3% deficit ceiling breach if prices stay high.

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Story summary

Indonesia faces an energy crisis as President Prabowo Subianto contends with rising fuel prices ahead of Eid Al-Fitr.
The Persian Gulf conflict disrupts energy supplies, with analysts warning it could deter foreign investors as the rupiah declines.
Indonesia's fuel reserves are among the lowest in Southeast Asia, raising shortages risk.
The government has ruled out price hikes before the holiday, risking 3% deficit ceiling breach if prices stay high.