Indonesia welcomes reopening of Strait of Hormuz to shipping

Jakarta (ANTARA) -

The Indonesian government welcomed Iran’s announcement to reopen the Strait of Hormuz to international commercial shipping as a sign of easing geopolitical tensions.

The move is viewed as a positive signal for the stabilization of global energy supplies and the recovery of international trade.

"The reopening of the Strait of Hormuz is a positive development for the stability of global energy supplies," the spokesperson for the Ministry of Energy and Mineral Resources (ESDM), Dwi Anggia, said in a statement on Friday.

She added that the decision provides certainty for energy distribution channels that were previously disrupted by geopolitical dynamics.

Indonesia had already anticipated various scenarios of global supply disruptions by strengthening national stocks and diversifying energy sources.

"The government ensures that national energy security remains secure during the recent period of uncertainty. With the reopening of the Strait of Hormuz, pressure on the global supply chain has begun to ease, including on global oil prices, which have shown a downward trend," she continued.

Iranian Foreign Minister Abbas Araqchi stated that shipping lanes for all commercial vessels through the strait have been declared fully open.

"In line with the ceasefire in Lebanon, the passage of all commercial vessels through the Strait of Hormuz has been declared fully open," Abbas stated.

The global market responded positively to the news with a significant drop in oil prices reflecting reduced concerns about supply disruptions.

The Strait of Hormuz remains a key global energy distribution route crucial for the smooth operation of the international oil and gas supply chain.

Regarding two Pertamina vessels previously stranded in the area, the ministry is coordinating efforts to ensure their safe passage.

"The government continues to negotiate for the Indonesian vessel to be able to pass and there have been positive signals regarding this," Anggia confirmed.

She expressed hope that shipping will gradually return to normal as the vital maritime route reopens for international commerce.

The government also underscored that it is closely observing global developments to safeguard the stability of domestic energy supply and prices.

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