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Top 5 Auction Highlights: From Iranian Crude Oil to Luxury Bags & Harley-Davidsons – Prices, Rarity & Buyer Frenzy!” (Alternative optimized version for search intent:) “Iranian Crude Oil, Dior Bags & Harley-Davidsons Auctioned: Prices, Rarity & Highest Bids in BPA Fair 2026

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Indonesia Auctions Iranian Crude Oil for $32.5M in Landmark Recovery Sale Jonathan Reed May 18, 2026 • Updated 15:42 WIB Jakarta, Indonesia Indonesia’s Asset Recovery Agency (BPA) under the Attorney General’s Office has successfully auctioned 1.2 million barrels of Iranian crude oil seized from the supertanker MT Arman 114 for **Rp 900 billion (~$32.5 million … Read more

President Prabowo Secures Indonesia’s Energy Supply Through Strategic Visits to Russia and France

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Indonesian President Prabowo Subianto is actively pursuing a strategic energy partnership with Russia to secure critical fuel supplies for the archipelago. During a high-level diplomatic visit to Moscow, President Prabowo tasked Energy and Mineral Resources Minister Bahlil Lahadalia with securing oil and gas supplies from Russia to bolster national energy security. The move comes after … Read more

US Diesel Prices Surge Above $5/Gallon as Middle East War Disrupts Oil Supply (March 2024)

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Rising Fuel Costs Hit American Consumers as Middle East Conflict Escalates London, United Kingdom – The ongoing conflict in the Middle East is beginning to significantly impact American consumers, most notably through a sharp increase in fuel prices. As of March 18, 2026, the national average price for diesel fuel in the United States has … Read more

US Oil Reserve Release Fails to Calm Markets as Prices Surge Past $100

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Global Oil Prices Remain Elevated Despite Historic Reserve Release Jakarta – Despite a coordinated release of the largest emergency oil reserves in history, global oil prices have remained stubbornly high, defying expectations of significant relief for consumers, and businesses. Over 30 countries across Europe, North America, and Northeast Asia agreed to release approximately 400 million … Read more