Strait of Hormuz Closure: Bahlil Reveals Current Status of Indonesia's Fuel Supply

Jakarta – Energy and Mineral Resources Minister Bahlil Lahadalia has commented on Indonesia’s fuel reserves following the closure of the Strait of Hormuz, which is controlled by Iran.

The closure of the Strait of Hormuz is expected to contribute to rising global oil prices, as the strait serves as a transport route for one-fifth of global oil and gas supplies.

“We still have roughly 20 days [of reserves],” Bahlil stated when asked about domestic fuel supplies at the Presidential Palace Complex in Central Jakarta on Monday 2 March 2026.

According to him, fuel reserves above 20 days fall within the safe category. However, the government is assessing the impact and measures to be implemented should prices rise or supplies be disrupted.

Bahlil noted that he would provide a report to President Prabowo Subianto regarding the current geopolitical conditions concerning the Strait of Hormuz closure and its implications for the energy sector.

“We anticipate impacts on global oil supplies, as we continue to import one million barrels per day,” Bahlil said.

However, the Golkar Party chairman could not yet disclose which mitigation measures the government would implement. The government also plans to hold a meeting with the National Energy Council (DEN) the following day to discuss impacts and anticipatory measures.

“Tomorrow, God willing, I will meet at the Ministry of Energy, and we will convene with the National Energy Council,” Bahlil stated.

Bahlil also emphasised that there are currently no issues with Indonesia’s fuel subsidy values resulting from the current increase in global oil prices.

“So far there is no problem, but world prices will be subject to correction if geopolitical conditions continue to intensify in the Middle East,” he said.