Indonesia has agreed to buy crude oil and liquefied petroleum gas from Moscow amid global supply shocks
BRICS member Indonesia has agreed to purchase crude oil and liquefied petroleum gas (LPG) from Russia, citing energy security concerns amid growing global supply disruptions, the Energy Ministry in Jakarta has said.
Indonesia’s crude purchases from Russia have historically been limited and irregular, with Jakarta sourcing roughly a quarter of its oil from the Middle East via the Strait of Hormuz, presently under US blockade.
Russian President Vladimir Putin welcomed his Indonesian counterpart Prabowo Subianto for extended talks in the Kremlin…
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