Jakarta (ANTARA) – The Ministry of Energy and Mineral Resources (ESDM) assesses that the ongoing conflict in Venezuela has no significant impact on global oil prices or international oil trade.ESDM spokesperson Dwi Anggia told ANTARA on Tuesday that while Venezuela holds the world’s largest oil reserves, its average production remains below 1 million barrels of oil per day. This figure, she said, is relatively small compared to the size of its reserves.Conditions in Venezuela differ from those in the Middle East, Anggia noted. Conflicts in the Middle East tend to make oil prices highly volatile, as the region is home to many OPEC (Organization of the Petroleum Exporting Countries) member states.“As a result, oil prices can become very dynamic,” Anggia added.In response to the political turmoil in Venezuela, Anggia stated that Indonesia is taking precautionary measures by boosting domestic oil production.“As a precaution, we must continue to strengthen our national strategic oil reserves and optimize production,” she said.Earlier on Monday, the Director General of Oil and Gas at the ESDM Ministry, Laode Sulaeman, said the government has not yet seen any direct impact from the situation in Venezuela on fuel supply or prices, noting that Indonesia does not source crude oil from the country.“Our crude oil sources are not from Venezuela, but from other regions, so the situation remains stable,” he mentioned.Sulaeman added that the government continues to take precautionary steps and monitor developments, including their potential impact on global oil prices.Indonesia has voiced concern over the United States’ strike on Venezuela, warning that such action could set a dangerous precedent in international relations.“Indonesia expresses its grave concern over any actions involving the use or threat of force, which risks setting a dangerous precedent in international relations,” the Foreign Ministry said in a post on social media platform X on Monday.The statement added that the strike threatens to undermine regional stability, peace, and the principles of sovereignty and diplomacy.Indonesia stressed that the international community must respect the rights and will of the Venezuelan people to determine their own future.