Chair of DPR Commission XI Reveals Prabowo's Method to Maintain Subsidised Fuel Prices

President and Mr Bahlil are visiting oil-producing countries to ensure a large supply enters Indonesia, thereby maintaining subsidised fuel prices. This message is important for all the people to hear,” said Misbakhun in his statement on Monday (4/5/2026). He stated that Prabowo is committed to continuing fuel subsidies to protect the public, even as the situation in the Middle East remains volatile. “Because of that situation, oil prices are rising. They are rising worldwide, but only in Indonesia they are not—subsidised fuel,” he said. Furthermore, he added that the government is striving not to raise subsidised fuel prices until the end of this year, even if global oil prices exceed USD 100 per barrel. According to him, the government does not want the public to face price pressures that impact their purchasing power. In addition to subsidised fuel, Misbakhun also cited the stable price of 3-kilogram LPG packages. The Chair of the Economic Policy Sector of the DPP Golkar Party said that non-subsidised 5.5-kilogram and 12-kilogram LPG prices have reached hundreds of thousands of rupiah. Meanwhile, the 3-kilogram LPG, known as gas melon, still reaches consumers at around Rp 22,000. “This means the government is trying to ensure its people do not face difficulties,” he said. Misbakhun added that the government is also maintaining subsidies for fuel and electricity. The state is subsidising interest on People’s Business Credit (KUR), covering BPJS Health contributions, and disbursing Direct Cash Assistance (BLT). “Not hundreds of millions or hundreds of billions, but hundreds of trillions,” he added. Global Oil Once Breached USD 119 As is known, the price of Brent crude oil, a global benchmark, once surged to USD 119 (around Rp 2 million) per barrel on Wednesday (29/4), when diplomatic efforts to end the war between the United States and Iran reached a deadlock. Meanwhile, tensions continue to burden the global energy market. This energy price increase is occurring amid the US blockade against Iran, following rising uncertainty in shipping routes in the Strait of Hormuz, as well as the United Arab Emirates’ decision to exit OPEC. Global energy prices continue to rise without signs of stabilisation. This surge follows US President Donald Trump’s order to prepare further blockades against Iran, according to several US officials, by restricting shipping traffic to and from Iranian ports to increase pressure on Tehran. Iran has warned that such a blockade could trigger escalation. Media affiliated with the Iranian government quoted sources from senior security officials saying Tehran could launch “real and unprecedented military action” if the United States maintains its naval presence around the Strait of Hormuz, which Iran calls an illegal act.