Iran War Brings Fuel Risk to Indonesia Ahead of Eid Travel Surge.

The article focuses on Indonesia’s challenges with rising fuel prices amid a Persian Gulf conflict disrupting energy supplies, coinciding with the Eid Al-Fitr holiday when fuel consumption typically surges. Despite being Southeast Asia’s largest oil product importer, Indonesia maintains low fuel reserves and has historically capped fuel prices to avoid social unrest, leading to significant government subsidies that strain public finances. President Prabowo Subianto’s administration has pledged to keep fuel prices stable before Eid and aims to phase out subsidies within three years, but analysts warn this approach risks worsening inflation and fiscal deficits. The government emphasizes multiple crude sources and urges calm, while some citizens express concern over the lack of clear contingency plans during the crisis. [Extracted from the article]