#OilPrice (2)
World
Supertanker Ablaze After Hitting Naval Mine in Strait of Hormuz,...
Iran's Islamic Revolutionary Guard Corps (IRGC) announced on Saturday (17/10/2026) that a supertanker carrying more than 2 million barrels of crude oil caught fire after striking a naval mine in the Strait of Hormuz.
Economy
Indonesia Energy Subsidy Nears Rp100 Trillion as ICP Hits USD100
Coordinating Minister for Downstreaming and Energy Transition and Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia said Indonesia's energy subsidy burden has ballooned to nearly Rp100 trillion with the Indonesian Crude Price (ICP) averaging USD90-100 per barrel; the remarks were made at the inauguration of the PT Energi Nusantara Perkasa LPG refinery in Karawang, West Java, on Thursday (15/10/2026)