US–Iran Tensions and the Cost of Oil: Indonesia’s Fuel Subsidy Test
US–Iran Tensions and the Cost of Oil: Indonesia’s Fuel Subsidy Test
Jakarta, 2 March 2026 — Rising global oil prices are once again putting Indonesia’s domestic fuel pricing policy under pressure. As a net fuel importer, the country remains highly exposed to external energy shocks, reviving the policy dilemma between price stabilization and fiscal sustainability. According to Piter Abdullah, Policy and Program Director at Prasasti Center for Policy Studies, the k