Indonesia is facing a stark fiscal challenge as the cost of keeping energy affordable for its population has surged far beyond initial projections. New data reveals that government spending on fuel and liquefied petroleum gas (LPG) subsidies and compensations reached Rp 118.7 trillion by March 2026, representing a staggering 266% increase compared to the same … Read more
Indonesia is confronting a structural energy imbalance that has left the nation heavily reliant on foreign energy sources to power its kitchens and small businesses. The scale of this dependency has reached a critical juncture, with the country importing approximately 7 million tons of liquefied petroleum gas (LPG) annually to meet domestic demand. In a … Read more
The escalating tensions in the Middle East, stemming from recent military actions involving the U.S., Israel, and Iran, are beginning to ripple through the global economy, particularly impacting energy markets. Concerns over supply disruptions, triggered by Iran’s closure of the Strait of Hormuz, are driving up crude oil prices and creating uncertainty for consumers and … Read more