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Prabowo Meets Putin in Moscow to Seek Oil and Fertiliser Supplies

The trip signals a push to lock in fuel plus fertiliser supplies during Middle East-driven price shocks.

Overview

  • Prabowo is in Moscow on Monday for talks with Vladimir Putin on oil supply, with the Kremlin confirming an official visit.
  • To keep fuel available without a price hike, Jakarta imposed rationing on April 1 and ordered one work-from-home day each week for civil servants.
  • The delegation is also exploring Russian raw materials for fertiliser, notably potassium, to support domestic production.
  • Pertamina is reducing reliance on Middle Eastern crude due to risks around the Strait of Hormuz and has maximised refinery runs and storage to protect supplies.
  • Russian officials say they are ready to consider an Indonesian request for oil, echoing a March offer from Moscow’s ambassador to Jakarta.