Middle East Conflict Threatens Indonesia's Energy Sovereignty: Import Dependence and Renewables Transition
Economy

Middle East Conflict Threatens Indonesia's Energy Sovereignty: Import Dependence and Renewables Transition

Escalating Middle East tensions are driving up global crude oil prices, severely impacting Indonesia's oil and LPG supply. The nation's reliance on imports due to insufficient domestic production is straining the state budget and increasing the risk of accelerating inflation. Experts strongly urge an accelerated transition to renewable energy.

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