Supply Disruptions Matter More Than Price Spikes
Monday, March 30, 2026
Oil prices can be subsidized, shortages cannot. When supply breaks, queues—not markets—decide the crisis.
arsip tempo : 177927477328.
WAR in the Middle East has sent oil prices soaring while simultaneously choking supply. For Indonesian consumers, however, the economic consequences of these twin shocks are not symmetrical.
On prices, the government still retains some capacity to act as a buffer by holding down retail fuel tariffs. The question is how long such a stance can be sustained. Crude is now trading above US$100 a barrel, well in excess of the US$70 assumption embedded
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