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Global Oil Prices Rise: What Does It Mean for Indonesia?

Global oil prices are rising amid geopolitical tensions. Here's how higher crude prices could affect fuel, inflation and Indonesia's state budget.

  • Global oil prices surged in late August 2026 due to geopolitical tensions.
  • Indonesia's subsidized fuel prices remain unchanged despite global increases.
  • High oil prices could pressure Indonesia's state budget and contribute to inflation.

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