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Search result with “Oil Price Hikes” as a keyword founded 59 news.
$5.1 Trillion Bloc D-8 Postpones Jakarta Talks as Iran War Rages On
... bases. The fighting has spurred oil price hikes and airspace closures. D-8 members register ... : Iran War Causes Indonesian Palm Oil Export Costs to Soar 50%News Mar 13, 2026 | 7:05 pm
How Iran War and Surging Oil Prices Are Affecting US Consumers at Gas Pump and Beyond
... ratchets up, the price of crude oil has been swinging ... the average price in Louisiana, which has oil production and ... raise demand for soybean oil, palm oil, and other vegetable oils ... transported quickly could see price hikes more quickly than packaged ...Business Mar 11, 2026 | 11:24 pm
Indonesia’s Budget Deficit to Near 4% of GDP if Oil Prices Top $100
... warned that war-induced oil price hikes would cause Indonesia's budget ... ’s budget deficit. “If oil prices reach $100 per ... budget assumed a domestic crude oil price of around $70 per barrel ... a $1 per barrel increase in oil prices can cause the Indonesian ...Business Mar 9, 2026 | 9:17 am
Low Export Keeps Indonesian Small Businesses Safe From Iran War Impact
... , has ignited fears of energy price hikes. Before the fighting erupted, Indonesia ... up 15.7% of Indonesia’s non-oil and gas exports, government data ... said. Indonesia reported its non-oil and gas exports had soared ...Business Mar 5, 2026 | 9:47 am
Indonesia Banks on US Supply as Iran War Triggers Oil Price Hike
... the Iran war triggers oil price hikes and unstable waters in ... the world’s seaborne crude oil transits. Senior minister Airlangga ... . “Indonesia is a net oil importer. This pressure can potentially ... the Iran war-induced oil flow disruptions. Indonesia reported ...Business Mar 2, 2026 | 4:15 pm
Indonesia–US Trade Tariff Talks Completed, Await Leaders’ Meeting, Airlangga Says
... purchase commitments. Last November, grocery price hikes prompted Trump to free a range ... for US-bound Indonesian palm oil. Trade data from Indonesia’s Trade ...Business Feb 2, 2026 | 8:48 pm
Indonesia Denies US Drone Talks, Tariff Deal Hinges on Prabowo-Trump's Schedule
... strategic waterway is abundant in oil, natural gas, and fish. ... purchase commitments. Last November, grocery price hikes prompted Trump to free a range ... for US-bound Indonesian palm oil. Earlier that day, Airlangga’s aide ... Seeks Free Trade, Not Tariff HikesBusiness Jan 30, 2026 | 9:35 am
Second Semester 2025: a Test of Economic Resilience
... , and the potential for food price spikes later this year. That ... , furniture, as well as palm oil and its derivatives, is expected ... States ahead of potential tariff hikes has helped sustain certain sectors ...Opinion Aug 3, 2025 | 8:29 pm
Global Oil Shocks Bring Windfall for Indonesia’s Commodity Exports, Says Lawmaker
... to global oil price hikes as a net oil importer, surging oil prices often ... above the global price,” Misbakhun said. Oil prices have softened ... assumes an average global crude price of $82 per barrel ... which means the recent price movements remain within the ...Business Jun 27, 2025 | 3:22 pm
Trump Announces Sweeping New Tariffs, Risking Inflation and Trade Wars
... and businesses could face sharp price hikes. Trump was fulfilling a key campaign ... tariffs on countries that import oil from Venezuela and he plans ...Business Apr 3, 2025 | 9:49 am
Trump Slaps 25 Pct Tariff on Imported Cars, Expects $100B Revenue
... passed on to consumers, the price of an imported vehicle could ... percent tariff on countries importing oil from Venezuela, despite the US ...Business Mar 27, 2025 | 5:37 pm
Food Prices Expected to Rise During Ramadan Due to High Demand, Supply Constraints
... economist Tauhid Ahmad highlighted that price surges during the fasting month ... "Cooking oil and meat are among the key commodities experiencing price hikes. The ... government’s highest retail price for cooking oil is Rp ...Business Mar 1, 2025 | 12:00 pm
BMKG Issues Warning of Potential Extreme Weather in Indonesia Due to Tropical Cyclone 91S
... of essential commodities, including chili, oil, and onions. Despite supply ... remained stable, with no significant price hikes. However, traders, particularly those ... To address potential price hikes, the government has assigned price monitors to check ...News Dec 7, 2024 | 1:37 pm
Annual Inflation Recorded at 1.55% in November
... previous month, driven primarily by price hikes in food, beverages, and tobacco ... ; and chicken meat and cooking oil shared 0.03 percentage points. All ...Business Dec 2, 2024 | 1:52 pm
Subsidized Fuel Increase a Last Resort Amid Iran-Israel Tensions: President's Staff Office
... over rising global crude oil prices have emerged following Iran ... Edy explained that oil and gas price hikes often accompany escalating ... on Tuesday. Currently, global oil prices are nearing $90 ... barrel for Indonesia's crude oil price. According to Edy, the ...Business Apr 17, 2024 | 10:56 am
Fuel Prices to Hold Steady Until June 2024 Despite Iran-Israel Conflict
... potential fuel price hikes due to anticipated increases in global oil prices, on ... rates and the Indonesian Crude Oil Price (ICP). "We will communicate ... Iran and Israel, the oil price is not far from the ... to global oil, Mari pointed out that the price of gold ...Business Apr 15, 2024 | 3:54 pm
President Jokowi Confirms No Imminent Fuel Price Hike
... , Jokowi stated, "No fuel price increase. [State oil and gas company] Pertamina ... . Pertamina routinely reviews and adjusts oil prices every month to ensure ... third consecutive month without any price hikes. The prices are as follows ...Business Mar 4, 2024 | 2:16 pm
Pepsico Products Pulled from Carrefour Stores for ‘Unacceptable Price Hikes’
... , Spain and Italy over price increases for popular items like ... a New York-based company said price increases should ease and largely ... wouldn’t accept any more price increases because he believed customers ... costs for grain and cooking oil for its rising prices. ...Business Jan 6, 2024 | 2:31 am
Recession Concerns Trigger Crude Oil Price Drop
... the world's two largest oil consumers. Investors are also ... the supply side, Russian oil exports to China and India ... Federal Reserve's interest rate hikes have strengthened the greenback, ... . "From a technical perspective, oil prices have the potential to ...Business Jun 13, 2023 | 1:44 pm
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