Story perspectives

Indonesia Seeks Discounted Oil from Russia Amid Rising Prices

4/14/2026

Summary

Story summary

Indonesian Defence Minister Prabowo Subianto began a trip to Russia as oil prices rise amid the United States–Israel conflict with Iran and Strait of Hormuz closure.
Indonesia seeks discounted crude oil from Russia to blunt energy security concerns from the waterway closure.
Analysts warn that rising fuel prices could push millions back into poverty.
Prabowo discusses energy and food security as Indonesia engages with the United States for military cooperation.

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Story summary

Indonesian Defence Minister Prabowo Subianto began a trip to Russia as oil prices rise amid the United States–Israel conflict with Iran and Strait of Hormuz closure.
Indonesia seeks discounted crude oil from Russia to blunt energy security concerns from the waterway closure.
Analysts warn that rising fuel prices could push millions back into poverty.
Prabowo discusses energy and food security as Indonesia engages with the United States for military cooperation.