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Energy Shock Hits Indonesia Harder Than What Policymakers Are Saying

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Algo Research Team

Economics | Mar 30, 2026 | Views: 1382

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Key Summary:

  • 22% of total energy demand relies on imported oil
  • 37% of gasoline imports come from the GCC nations
  • Economic and fiscal strain are coming to hit gradually

One month after the US and Israel launched war on Iran, the global economy is now facing an energy shock driven by severe supply-chain disruptions and rising oil and gas prices.


The head of the International Energy Agency warned that the current energy crisis is worse than those experienced in 1973, 1979 and 2022 combined, especially in terms of lost in production capacity.

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