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Indonesia braces for potential oil supply disruptions over Middle East conflict

The Indonesian government has anticipated potential supply disruptions by securing import sources from outside the Middle East.

Coordinating Minister for Economic Affairs Airlangga Hartarto (left) in Jakarta on March 2, 2026. (Photo: ANTARA/Bayu Saputra/rst)
Coordinating Minister for Economic Affairs Airlangga Hartarto (left) in Jakarta on March 2, 2026. (Photo: ANTARA/Bayu Saputra/rst)

Jakarta (VNA) – Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said the escalating conflict in the Middle East has disrupted global oil supplies and driven up energy prices worldwide, impacting Indonesia’s economy.

As reported by the country’s national news agency Antara, Hartarto said the government has anticipated potential supply disruptions by securing import sources from outside the Middle East. He noted that this step includes a memorandum of understanding signed between state energy firm PT Pertamina (Persero) and several US oil and gas companies.

He added that, in addition to oil supply, the logistics and tourism sectors could also face risks.

Regarding the possibility of higher domestic fuel prices, Hartarto acknowledged that energy prices tend to rise during periods of conflict. However, this time supply from the US is expected to increase, and Organisation of the Petroleum Exporting Countries (OPEC) members are also raising their production capacity./

VNA
#Indonesia potential oil supply disruptions #Middle East conflict Indonesia
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