Jakarta (ANTARA) – Indonesia’s National Energy Council will convene Tuesday to assess the impact of escalating conflict involving Iran, Israel and the US, amid concerns that higher oil prices could strain Southeast Asia’s largest economy.Council member Satya Widya Yudha said executive chair and Energy Minister Bahlil Lahadalia will lead the meeting at the Energy and Mineral Resources Ministry in Jakarta.Sixteen members — eight ministers and eight non-government representatives — will attend to evaluate risks stemming from the Middle East tensions, Yudha said in Jakarta on Tuesday.The conflict has heightened fears of disruptions to global oil and gas supply, posing risks for Indonesia, a net energy importer vulnerable to swings in international fuel prices.In crafting a response, the council will refer to Presidential Regulation No. 41 of 2016, which sets procedures for declaring an energy crisis or emergency and outlines mitigation measures, Yudha said.“Today’s meeting will focus on developments in the Middle East,” he added, signaling the government’s concern over potential spillovers into domestic energy markets.Global crude prices have risen about nine percent to 10 percent amid mounting security concerns, with Brent topping $80 a barrel for the first time since June 23 last year, according to data cited by Sputnik on March 2.Coordinating Minister for Economic Affairs Airlangga Hartarto said Monday that regional tensions had prompted Iran to restrict access to the Strait of Hormuz, disrupting oil flows and risking higher fuel costs at home.Any sustained supply shock could pressure Indonesia’s budget, which allocates substantial funds for energy subsidies to shield consumers from volatile global prices.Airlangga said the government has prepared contingency measures to limit risks, including diversifying crude and fuel imports away from the Middle East.He pointed to an agreement between state energy company Pertamina and US firms aimed at securing alternative supplies, helping stabilize domestic availability if disruptions worsen.Indonesia relies heavily on imported crude and refined fuels to meet domestic demand, making it sensitive to geopolitical shocks in key transit routes such as the Strait of Hormuz.The council’s deliberations are expected to shape near-term policy responses, including potential adjustments to import strategies, stockpiling and subsidy management should the conflict intensify further.