Video: Government Will Not Raise Fuel Prices - Australia Cuts Fuel Tax

Jakarta, CNBC Indonesia - The government has responded to concerns over potential increases in fuel prices ahead of 1 April 2026. State Secretary Minister Prasetyo Hadi stated that the government has coordinated with the Ministry of Energy and Mineral Resources and Pertamina in line with President Prabowo Subianto’s directives. Meanwhile, the Australian government has officially reduced fuel taxes by 50% to curb inflationary pressures. This policy was enacted after global Brent oil prices surged to $115 per barrel due to the war in the Middle East. For more details, see the Evening Up programme on CNBC Indonesia (Tuesday, 31/03/2026) below.