Macro Finance
Indonesia Steps Up E20 Bioethanol Push in Bid to Cut Oil Imports
Bloomberg Markets·September 17, 2026·1 min read
Indonesia is doubling its 2028 bioethanol-blending target to 20%, accelerating a push under President Prabowo Subianto to reduce reliance on fuel imports. The move steps up the country's commitment to renewable energy and aims to cut its dependence on foreign oil.
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