Finance Minister Purbaya Yudhi Sadewa announces budget limits and Friday work-from-home policy to combat fuel crisis from Middle East tensions.
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Purbaya limits new budgets and proposes Friday WFH to save fuel

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Finance Minister Purbaya Yudhi Sadewa has limited new budget requests from ministries and agencies to safeguard the state budget amid global turbulence. He proposed work-from-home every Friday for civil servants and private sector after Eid al-Fitr 2026 to save up to 20 percent on fuel. This responds to the energy crisis from Middle East conflict.

In a New Delhi all-party meeting, External Affairs Minister S Jaishankar rejected Pakistan's offer to mediate in the US-Iran conflict, stating India does not engage in 'dalali' or brokering. He assured lawmakers of adequate fuel stocks and noted Prime Minister Modi's request to President Trump to end the war soon.

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In response to the government's recent announcement of significant fuel price increases, leaders from Chile's three major municipal associations met Tuesday at La Moneda to voice criticisms and demand a social agenda. Meanwhile, 26 opposition mayors issued a strong statement highlighting impacts on residents, as the hikes of $370 for gasoline and $580 for diesel take effect Thursday.

The House Committee on Ways and Means has approved a substitute bill empowering President Bongbong Marcos to suspend or reduce excise taxes on petroleum products amid surging fuel prices due to the escalating Middle East conflict.

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Fuel prices in France have surged following Israeli-American strikes on Iran, reaching one-year highs. The government is closely monitoring the situation and has summoned distributors to verify price adjustments. TotalEnergies maintains a cap at 1.99 euros per liter in several stations.

The Nigerian Federal Government has announced that prices of petrol, diesel, and LPG will continue to decline. This statement comes amid ongoing economic adjustments in the energy sector.

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Amid blackouts lasting up to 13 hours, informal gasoline prices in Havana have risen to 750 pesos per liter. Pot-banging protests echo in several neighborhoods, while a tanker ship bound for Cuba redirects to the Dominican Republic. Fuel shortages exacerbate the island's energy crisis.

 

 

 

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