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Why Indonesia's Oil and Gas Imports Surged Nearly 50% in July

Statistics Indonesia (BPS) stated that imported oil products largely contributed to the annual increase in oil and gas purchases.

  • Indonesia's oil and gas imports surged nearly 50% in July 2026.
  • Imports reached US$3.77 billion, up from US$2.51 billion in July 2025.
  • Global oil price rise driven higher import costs, especially oil products.

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