Bahlil Pastikan Harga BBM Subsidi Gak Naik Sampai Lebaran!

Jakarta, CNBC Indonesia – Energy and Mineral Resources Minister (ESDM) Bahlil Lahadalia has assured that subsidised fuel prices will not rise up to Eid al-Fitr this year 2026. This comes even as global oil price volatility persists due to the conflict between Iran and Israel–United States.

‘I assure that subsidised fuel prices will not rise up to Eid al-Fitr, even though oil prices may rise due to the Israel–US confrontation with Iran,’ Bahlil said at the Presidential Palace Complex, on Wednesday (4 February 2026).

This is different from non-subsidised fuel, whose prices follow the market mechanism, typically adjusted every month. Thus, global oil price increases usually push up prices of various types—from Pertamax to Pertamax Plus.

‘Non-subsidised fuel is indeed under the market mechanism in line with the 2022 ESDM regulations,’ Bahlil added.

During the occasion, Bahlil also explained that he has held a meeting with the National Energy Council (DEN) to anticipate stockpiles of fuel and LPG ahead of Eid al-Fitr. He also noted that subsidised fuel stock currently stands at 20 days, which is the national standard.

‘So there is no doubt even amid global dynamics in Iran and Israel,’ Bahlil said.

It is known that following the outbreak of attacks in Iran, world oil prices have continued to rise amid escalation of conflict. As of 10:00 WIB, citing Refinitiv, the global benchmark Brent Crude was at US$82.03 per barrel, while West Texas Intermediate (WTI) stood at US$74.95 per barrel.

On a daily basis, Brent rose slightly from the close of Tuesday (3 March 2026) at US$81.40 per barrel. Looking back over a week, the rally appears sharp. On 24 February 2026, Brent was around US$70.77 per barrel.

This means that in less than two weeks, prices have jumped by more than US$11 per barrel. WTI shows a similar pattern, from US$65.63 on 24 February to nearly US$75 this morning.