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View all search resultsPresident Prabowo Subianto is set to depart for Russia, the Foreign Ministry confirmed on Sunday, as he seeks to meet Russian President Vladimir Putin in search of fuel amid disruptions to global oil supplies caused by the United States-Israeli war on Iran.
The rush toward EV and biofuel adoption risks shifting Indonesia’s ecological burden from coal chimneys to indigenous forests. True energy sovereignty lays not in massive corporate permits but in the resilient, community-led models already thriving in the heart of the archipelago.
Surging global oil prices and tightening domestic fuel supplies have thrust Indonesia’s long-running electrification agenda back into the spotlight. Policymakers are increasingly portraying the shift, especially in the motorcycle sector, as the most practical and immediate way to curb fuel consumption. As part of this, the government is raising targets for its electric motorcycle conversion program, aiming to gradually electrify more than 120 million gasoline-powered motorcycles nationwide.
The reputational damage to the Middle East due to the Iran war may spur oil majors and the industry as a whole to realign their investment focus, though a shift to potentially higher-risk regions will lead to an inevitable rise in energy prices.
While conflict is designed to weaken adversaries, the current crisis has inadvertently turned Iran into a primary beneficiary of a broken energy order. As global prices soar and supply chains fracture, the resulting economic shock waves are no longer just a Middle Eastern concern: They are hitting every household and industry across ASEAN.
A Russian tanker full of crude oil has entered Cuban waters and was expected to reach port on Monday, possibly granting a lifeline to Cuba as US President Donald Trump appeared to relax a de facto oil blockade on the Caribbean island.
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