Indonesia Turns to Russia for Oil as Middle East Risks Mount

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94%
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Indonesia and Russia are in talks on boosting cooperation, including through the long-term supply of Russian crude to the Asian nation, media have reported, following a meeting between the presidents of the two countries earlier this week. Reports cited Indonesia’s energy and mineral resources minister as confirming the country will be buying more Russian crude as well as liquefied petroleum gas. The confirmation came after a meeting between Indonesia’s top energy official and his Russian counterpart. Indonesia produces some 600,000…

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Original article published by OilPrice.com on April 15, 2026.
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