RRI.CO.ID, Jakarta - Rising tensions in the Strait of Hormuz following conflicts between the United States, Iran, and Israel have reignited threats to global crude oil supplies. The disruption is seen as a risk that could trigger a surge in global oil prices and directly affect Indonesia’s economy.

Deputy Speaker of the People’s Consultative Assembly (MPR), Eddy Soeparno, urged the government to prepare anticipatory measures to address a potential energy crisis. He described the Strait of Hormuz as a vital route for global energy distribution, where any disruption would immediately impact market prices.

“If oil prices soar sharply, the pressure on our State Budget will intensify, especially due to high import values and energy compensation,” Eddy said in Jakarta on Monday, March 3, 2026, as quoted by Antara.

Eddy emphasized that rising crude oil prices burden the state’s fiscal position, reduce people’s purchasing power, and increase production costs across industrial sectors. He noted that Indonesia’s reliance on oil and fuel imports makes its fiscal stance vulnerable during global crises.

“Energy security must be a strategic agenda on par with national security,” he said.

Eddy added that strengthening energy security aligns with President Prabowo Subianto’s commitment to accelerating the development of new and renewable energy. “In the context of the current global crisis, this policy direction has proven increasingly relevant,” he said.

Eddy highlighted Indonesia’s significant potential in geothermal, solar, hydro, and bioenergy, which require accelerated investment and support from regulatory reform. He also encouraged strengthening national energy reserves and coordinating fiscal policy to prevent global turmoil from immediately burdening the public. ***