The escalation of geopolitical tensions between Iran and the United\nStates and Israel, with the threat of closure of the Strait of Hormuz,\nhas drawn serious attention to national energy stability. The route\ncarries around 20% of global oil and LNG trade, and disruptions in the\nregion could trigger a surge in global oil prices and heighten pressure\non importing countries, including Indonesia.<\/p>\n
Firnando Ganinduto, a member of Commission VI of the Indonesian House\nof Representatives, said Indonesia should respond to the situation\nquickly and strategically. He referred to a statement by Energy and\nMineral Resources Minister Bahlil Lahadalia, who noted that around\n20\u201325% of Indonesia\u2019s crude imports originate from the Middle East and\npass through the Strait of Hormuz.<\/p>\n
\u201cThis condition makes Indonesia vulnerable to distribution\ndisruptions and global price fluctuations that could have a direct\nimpact on the state budget,\u201d he said, as quoted in a press release\nreceived on Wednesday, 4 March.<\/p>\n
Nevertheless, Firnando appreciated the government\u2019s step to shift\npart of crude oil imports from the Middle East to the United States as\npart of a supply diversification strategy.<\/p>\n
According to him, the policy is important to maintain energy supply\ncertainty amid geopolitical uncertainty. He also highlighted that around\n30% of Indonesia\u2019s LPG imports still depend on the Middle East, so\nalternatives from other regions should be sought urgently.<\/p>\n
Although the government says domestic energy supply is secure for\nseveral weeks, Firnando believes that short-term mitigation must be\naccompanied by long-term structural measures. He urged Pertamina to\nstrengthen supply security strategies and to broaden a more diverse\nenergy trading network to reduce dependence on a single region.<\/p>\n
On the other hand, he stressed that this situation should be a\nmomentum to accelerate the strengthening of domestic oil and gas\nproduction and to push the transition to new and renewable energy.\n\u201cImport diversification is only a tactical solution, while national\nenergy autonomy and resilience are long-term strategies that will\ndetermine Indonesia\u2019s economic stability going forward,\u201d he said.<\/p>\n
IRAN states that the armed conflict currently underway with the\nUnited States and Israel will only end if the opposing parties halt\ntheir aggression.<\/p>\n
The escalation of the war between the United States, Israel, and Iran\nhas begun to impact the US economy.<\/p>\n
Asia-Pacific stock indices fell amid the escalation of the US\u2013Israel\nwar with Iran. The closure of the Strait of Hormuz raises concerns about\na global energy crisis.<\/p>\n
Tensions in the Middle East reached a new boiling point at the start\nof 2026.<\/p>\n
Diplomatic relations between Madrid and Washington reached a low\npoint in March 2026.<\/p>\n
Member of Commission I of the Indonesian House of Representatives,\nAmelia Anggraini, reminded the government that a US\u2013Israel attack on\nIran triggers escalation of the conflict in the Middle East.<\/p>\n
Indonesia\u2019s Stock Exchange (BEI) said the decline in the Composite\nStock Price Index (IHSG) today was triggered by rising geopolitical\ntensions in the Middle East, not domestic sentiment.<\/p>\n
Indonesia should be grateful for the noble heritage of the founders\nof the nation in the form of the philosophy and ideology of Pancasila\nand the Free and Active foreign policy in facing geopolitical\ndynamics.<\/p>\n
The IHSG on the Indonesia Stock Exchange (BEI) opened lower on\nWednesday 4 March 2026, and the escalation of the conflict in the Middle\nEast involving Iran and the United States is broadening and affecting\nseveral Gulf states.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/geopolitical-tensions-between-iran-and-israel-us-lawmaker-urges-government-to-accelerate-import-1772618674", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }