Indonesia energy security
Hormuz Crisis Sends Oil Toward $110, Noorsy Warns Indonesia Faces Economic Shock
- calendar_month Sunday, 13 Sep 2026
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Economist Ichsanuddin Noorsy warns that Indonesia’s heavy dependence on imported oil could trigger higher prices, inflation, fiscal pressure, rising dollar demand, debt burdens and potential layoffs JAKARTA — Escalating tensions around the Strait of Hormuz and the Bab el-Mandeb are sending fresh shockwaves through global energy markets, with crude oil prices climbing above US$100 per […]
