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Time to Cash In? Indonesia Adopts Iran's Strategy to Generate Revenue from the Malacca Strait

Foreign Minister Purbaya Yudha Sadewa proposed implementing a toll similar to what Iran does in the Strait of Hormuz for ships passing through the Malacca Strait—which borders Indonesia, Malaysia, and Singapore.

"Indonesia isn't a fringe player. We're on the strategic global trade and energy route. Ships are passing through without any fees—I'm not sure if that's right," he mentioned at a symposium, speculating that if split three ways, "That could be a pretty hefty amount."

He then quickly walked back his statement, saying, "If only it could be like that."

President Prabowo Subianto previously highlighted that Indonesia controls 70% of East Asia's energy flow: "Do we realize how crucial we are?"

Indonesia, Malaysia, and Singapore jointly manage the Malacca Strait under international law (UNCLOS).

A critical point—with a narrowest width of 2.8 km—links the Indian Ocean to the South China Sea and:

1. handles about 30% of global maritime trade

2. transports 23–25 million barrels of oil every day

3. supplies around 80% of China's crude oil imports

#SelatMalaka #Indonesia #Laut

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Indonesia is considering introducing a levy on commercial vessels passing through the Strait of Malacca, reports Anadolu Ajansi, citing local media on Wednesday.

This move aims to turn one of the busiest shipping corridors in the world into a new source of national revenue.

Finance Minister Purbaya Yudhi Sadewa stated that the proposal reflects President Prabowo Subianto's push to boost Indonesia's role in global trade, according to Jakarta Globe.

#SelatIndonesia #Indonesia #selatmalaka
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