Video: Strait of Hormuz Closed, Indonesia's Oil Supply and Fuel Prices at Risk?

Geopolitical uncertainty in the Middle East has intensified following Iran’s renewed closure of the Strait of Hormuz, making rises in crude oil prices and disruptions to global energy distribution unavoidable. For Indonesia, a country that imports crude oil, fuel, and LPG, this situation will undoubtedly heighten concerns about domestic energy supply and prices. CNBC Indonesia Economist Maesaroh states that issues of supply and pricing are crucial matters that the Indonesian government must monitor closely, as they could impact the resilience of the state budget in securing domestic energy subsidies. Additionally, the increase in non-subsidised fuel prices, also a global repercussion, must have its effects mitigated to prevent spikes in inflation, the economy, and the public’s purchasing power. What is the analysis of the impact of the Strait of Hormuz closure on Indonesia’s energy prices and supply, as well as its effects on the state budget and economy? For more details, watch the dialogue between Andi Shalini and CNBC Indonesia Economist Maesaroh in Squawk Box, CNBC Indonesia (Monday, 20/04/2026).