Jakarta, April 17 -- Subsidized fuel prices in Indonesia will remain unchanged through the end of 2026, Energy and Mineral Resources Minister Bahlil Lahadalia said.

In a statement on Friday, he said the decision followed President Prabowo Subianto's directive after his visits to Russia and France.

After meeting the president, Bahlil said price stability is supported by stable national energy supplies.

"Our stocks are above the minimum standard, whether diesel, gasoline, or LPG. Based on the president's directive, subsidized fuel prices will not be increased until the end of the year," he said.

From a fiscal standpoint, the government considers the policy manageable, as the Indonesian Crude Price (ICP) remains below budget assumptions,...