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Indonesia Maintains Fuel Prices Amid Rising Global Costs

4/1/2026

48 5 Full Breakdown

Summary

Story summary

Indonesia announced on March 31 that it will not raise fuel prices, despite budget pressures from the war in the Middle East, with no changes starting April 1.
Presidential spokesman Prasetyo Hadi said fuel remains affordable and there will be no adjustments on April 1.
The $12.3 billion subsidy is based on $70 per barrel, while prices have exceeded $100, and observers warn that constraints could force a price hike.

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Story summary

Indonesia announced on March 31 that it will not raise fuel prices, despite budget pressures from the war in the Middle East, with no changes starting April 1.
Presidential spokesman Prasetyo Hadi said fuel remains affordable and there will be no adjustments on April 1.
The $12.3 billion subsidy is based on $70 per barrel, while prices have exceeded $100, and observers warn that constraints could force a price hike.