Indonesia May Lose Up to $13 Billion in Oil Spikes 

2026-08-14T07:16:35+07:0012 August 2026|Energy, English|

As the world’s biggest oil companies posted $93 billion in profits in the second quarter of 2026, new analysis by 350.org shows that Indonesian households are paying the price, with Iran war-driven oil shocks imposing billions of dollars on the economy.

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