Energy Minister States National Fuel Oil Reserves Sufficient for 20 Days

JAKARTA – Energy and Mineral Resources Minister Bahlil Lahadalia has stated that the nation’s crude oil reserves remain adequate for 20 days.

Bahlil made this statement whilst preparing to attend a meeting with President Prabowo Subianto at the Palace in Jakarta on Monday, 2 March 2026, concerning the escalating situation in the Middle East.

“We still have adequate reserves, 20 days,” Bahlil said at the Palace in Jakarta.

He assured that there are currently no issues regarding domestic fuel subsidies in connection with the conflict occurring in the Middle East.

“As of today there are no problems, but global prices will certainly experience correction when geopolitical conditions continue to heat up in the Middle East,” he said.

To anticipate this situation, the Energy and Mineral Resources Ministry will also conduct discussions with Indonesia’s National Energy Council (DEN).

“Tomorrow I will meet with the National Energy Council. After that, I will then present the results of analysis and studies from the DEN,” he explained.

It is known that Iran has reported closing the Strait of Hormuz in response to a combined attack by the United States and Israel.

Iran became a target of attacks by Israel and the US on Saturday, 28 February 2026 local time.

Shortly thereafter, US President Donald Trump formally announced that the United States had joined Israel in attacking Iran.

The conflict between Israel and America against Iran was marked by missiles raining down on the Tehran sky.

Several rockets struck multiple vital points, including a residence in the Narmak area of Tehran, where former president Mahmoud Ahmadinejad resides.

Several US air bases that came under attack included Al Udeid in Qatar, Al-Salem Air Base in Kuwait, Al-Dhafra Air Base in the United Arab Emirates, and the headquarters of the Fifth Fleet in Bahrain.