economy

Strait of Hormuz crisis leaves Indonesian fishing fleets stranded, RT reports

Indonesian fishermen told RT that soaring diesel prices linked to the Strait of Hormuz crisis triggered by the US-Israeli war on Iran had left boats docked and crews without income

Strait of Hormuz crisis leaves Indonesian fishing fleets stranded, RT reports

TL;DR

  • Global oil prices have surged due to energy supply disruptions related to the Strait of Hormuz.
  • This has caused diesel costs for Indonesian fishermen to nearly double.
  • A large part of Indonesia's fishing fleet has been forced to remain docked.
  • Fishermen are experiencing significant income disruption.
  • Protests have occurred demanding lower diesel prices.
  • Indonesian President Prabowo Subianto secured a deal for discounted Russian oil.