Subsidized Fuel is Safe During Eid, Energy and Mineral Resources Minister Asks the Public Not to "Panic Buy"
Jakarta - Energy and Mineral Resources Minister (ESDM) Bahlil Lahadalia ensures that the stock of subsidized fuel until Eid 2026 is in a safe condition.
This was conveyed before meeting President Prabowo Subianto at the Presidential Palace Complex, Jakarta, Tuesday, March 10. Bahlil highlighted the rapid fluctuation of oil prices. He said the price had risen above 100 US dollars per barrel, then dropped again to the range of 80-90 US dollars per barrel.
Regarding fuel subsidies, Bahlil emphasized that the government had discussed it with the Minister of Finance. As a result, subsidized fuel prices are guaranteed not to change until Eid.
Therefore, Bahlil asked the public not to panic buying. However, this condition could change when the world oil price spike continues.
Pressure on government budgets will increase. Therefore, the government has begun to prepare mitigation steps by encouraging energy sources other than fossil fuels, including plant energy.