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Opinion 1 week ago
PREMIUM
Analysis: Strait of Hormuz blockade exposes Indonesia’s energy vulnerabilities
The closure of the Strait of Hormuz amid the escalating Middle East war has disrupted global oil and gas shipments, driving up prices and exposing Indonesia to serious energy and financial risks. Around 25 percent of the country's oil imports originate from the Middle East and pass through the strait, while domestic fuel reserves can only last for around 20 days. With oil prices recently surpassing US$100 per barrel and the rupiah weakening to around Rp 17,000 per United States dollar, Indonesia now faces an additional layer of economic and energy security risk. The administration of President Prabowo Subianto is therefore under pressure to secure alternative supplies and stabilize domestic markets.
Academia 2 weeks ago
PREMIUM
Time for emergency ASEAN Plus Three summit
An emergency summit could identify credible mediating actors and outline a division of labor among regional stakeholders to pursue arrangements that allow neutral inspection and joint coordination mechanisms to guarantee safe passage for energy shipments.
Academia 1 month ago
PREMIUM
After the court ruling: What’s next for the Indonesia-US trade deal?
For greater durability, Jakarta needs to explore pathways toward a more institutionalized trade framework with Washington, while preparing a US+1 contingency strategy and articulating a clearer vision of its role within the evolving international economic order.
