Jakarta, April 17 -- When global energy prices have recently fluctuated, Indonesia faces the classic challenge of dependence on energy imports amid continuously rising domestic demand.
Global oil prices have moved in the range of around 100 US dollars per barrel during the latest period of fluctuation, driven by supply disruptions and rising geopolitical tensions in several regions.
Disruptions to global energy distribution routes, including in strategic areas such as the Strait of Hormuz, which channels around one-fifth of the world's oil supply, once again underscore the sensitivity of energy markets to geopolitical risks amid the dynamics of the Iran-United States conflict.
These fluctuations have a direct impact on importing countr...
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