{
    "success": true,
    "data": {
        "id": 1598827,
        "msgid": "bahlil-no-increase-in-subsidised-fuel-prices-until-hari-raya-1773046326",
        "date": "2026-03-09 15:01:49",
        "title": "Bahlil: No Increase in Subsidised Fuel Prices Until Hari Raya",
        "author": "Gita Amanda",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Energy",
        "summary": "Indonesia's Minister of Energy and Mineral Resources Bahlil Lahadalia has assured the public that the government has made no decision to raise subsidised fuel prices ahead of the Hari Raya holiday, despite global oil prices exceeding $100 per barrel amid geopolitical tensions. The government is exploring comprehensive measures including accelerating biofuel programmes, moving diesel blends from B40 to B50 and implementing E20 ethanol mixture for petrol, to manage fiscal pressures whilst maintaining energy stability.",
        "content": "<p>Indonesia\u2019s Minister of Energy and Mineral Resources (ESDM) Bahlil\nLahadalia has confirmed that the government has made no decision to\nincrease the price of subsidised fuel. He has called for the public to\nremain calm ahead of Hari Raya.<\/p>\n<p>The possibility of a fuel price increase has been widely discussed\nlately as global geopolitical tensions have risen. The conflict between\nthe United States and Israel with Iran has driven surging global oil\nprices, which have now exceeded $100 per barrel.<\/p>\n<p>Despite tensions in oil-producing regions, Bahlil has assured that\ndomestic energy supply remains secure. He stated that the primary issue\nat present is the increase in global oil prices.<\/p>\n<p>\u201cOur problem now is not stocks. There are no stock issues; everything\nis available. We are currently facing a price issue. We are preparing\ncomprehensive measures. But I assure you that until Hari Raya, God\nwilling, there will be no increase in subsidised fuel prices,\u201d Bahlil\nsaid in Jakarta on Monday (9 March 2026).<\/p>\n<p>The budget assumption for oil price stands at around $70 per barrel\nin the State Budget (APBN). Meanwhile, global market prices have far\nexceeded this figure.<\/p>\n<p>Bahlil stated that the government continues to coordinate across\nministries, including with the Ministry of Finance, to respond to these\ndevelopments. \u201cThat will be a matter for the government. There will\ncertainly be communication with the government,\u201d he said.<\/p>\n<p>He added that the government is also mapping several efficiency\nmeasures to maintain budget stability. These steps are expected to\npreserve energy resilience whilst controlling fiscal burden.<\/p>\n<p>One option being considered is accelerating the implementation of\nbiofuels. The government plans to push forward the biodiesel programme\nfrom B40 to B50 and accelerate the adoption of E20 ethanol blend for\npetrol.<\/p>\n<p>\u201cIf fossil oil prices can exceed $100 per barrel, then it would be\ncheaper if we do blending. For diesel from B40 to B50. Or we make it\nmandatory for petrol and it\u2019s cleaner,\u201d Bahlil said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bahlil-no-increase-in-subsidised-fuel-prices-until-hari-raya-1773046326",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}