Jakarta \u2014 Energy and Mineral Resources Minister Bahlil Lahadalia has\nreiterated that the price of subsidised fuel will not increase through\nEid al-Fitr, despite global oil supplies being roiled by escalating\nconflict in the Middle East.<\/p>\n
According to the minister, the government has ensured national fuel\nreserves remain in a safe condition, allowing the public to navigate\nRamadan and Eid without concern.<\/p>\n
\u201cClearly for Eid, we must think about Eid first. For this Eid, God\nwilling there will be no fuel price increase for subsidised products and\nour reserves have no problems,\u201d said Bahlil at the Energy and Mineral\nResources Ministry on Tuesday, 10 March 2026.<\/p>\n
He also requested that the public avoid misinterpreting information\nregarding national fuel reserves. According to him, the reserve figures\noften cited as approximately 21 to 23 days do not mean supplies will be\ndepleted within that timeframe.<\/p>\n
\u201cDon\u2019t distort this as if 21 or 23 days means it\u2019s all gone. No,\nthat\u2019s our buffer stock, but supplies keep arriving. We keep producing,\nimports keep coming in. So please don\u2019t distort this,\u201d said Bahlil.<\/p>\n
Concerns about disruptions to global energy supplies have triggered\npanic-buying of fuel not only in several Indonesian regions but also in\nnumerous countries worldwide.<\/p>\n
This phenomenon emerged following escalation of Middle East conflict\nbetween the United States-Israel and Iran, raising concerns about a\nprolonged closure of the Strait of Hormuz, a vital shipping lane through\nwhich approximately 20 per cent of global oil trade passes.<\/p>\n
Several countries have begun reporting long queues of vehicles at\nfuel stations, as the public fears fuel prices will spike or supplies\nwill be disrupted.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/energy-minister-reiterates-no-fuel-price-increase-this-eid-season-1773139987", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }