Biofuels: Indonesia's strategic shield against energy volatility
Indonesia, April 20 -- Jakarta (ANTARA) -
Indonesia is navigating renewed turbulence in global energy markets as oil prices fluctuate amid persistent geopolitical uncertainty and supply disruptions.
With crude oil recently hovering around the US$100-per-barrel level, volatility in global energy markets continues to expose structural vulnerabilities for net importers such as Indonesia.
Disruptions in key maritime chokepoints, including the Strait of Hormuz, which handles roughly one-fifth of global oil flows, have reinforced concerns over supply security.
Rising geopolitical tensions involving Iran and the United States have further heightened market sensitivity, where even limited signals can trigger sharp price movements across the g...
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