Jakarta, March 5 -- Energy Minister Bahlil Lahadalia stated that Indonesia can remain profitable while importing crude from the United States, despite surging global prices fueled by the escalating conflict involving the US, Israel, and Iran.

Brent crude traded on ICE rose to US$83 a barrel, compared with an average of US$64 in January 2026, highlighting a sharp rally in global oil markets.

Speaking to reporters after an iftar gathering at the Energy and Mineral Resources Ministry in Jakarta on Wednesday evening, Lahadalia said crude purchases from US suppliers would follow negotiations to secure favorable terms.

Such talks ensure Indonesia can still benefit from the transactions even as international oil prices climb amid heightened g...