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CommoditiesMedium•16 April 2026•

1 min read

Indonesia Pivots to Russian Oil to Secure Energy Supplies Amid Middle East Tensions

Map of Russia with its flag and a downward economic arrow, map of Ukraine with its flag and an upward arrow. Oil barrels, spilled oil, gold bars, dollar coins, and ships against an orange background.

Key Facts

1Indonesia is in talks to secure long-term supplies of Russian crude oil and liquefied petroleum gas (LPG).

Indonesia is currently in advanced talks with Russia to secure long-term supplies of crude oil and liquefied petroleum gas (LPG) as part of a strategic push for energy security. This move follows high-level meetings between the presidents and energy ministers of both nations to solidify bilateral energy cooperation. Jakarta aims to diversify its energy sources away from the Middle East, citing heightened risks such as the potential closure of the Strait of Hormuz. These strategic discussions come as regional tensions continue to threaten global supply chains and energy stability. By pivoting toward Russian barrels, Indonesia seeks to mitigate the impact of supply disruptions and reduce its reliance on volatile trade routes. This shift could potentially ease the intense competition for non-Middle Eastern oil among Asian importers.