Pertamina

Pertamina, a state-owned oil company, is at the center of a corruption scandal where its high-ranking officials, along with Reza Chalid, are accused of importing crude oil at inflated prices. This event negatively impacts Pertamina's reputation and financial standing.

Pertamina, Indonesia's state-owned energy company, is implementing risk mitigation measures and optimizing refinery operations to ensure fuel and LPG supply amidst the disruptions.

Pertamina is being compensated by the Indonesian government to keep some fuel prices at an affordable level amidst rising energy costs.

Two Pertamina vessels were stranded in the Gulf, and Indonesia's foreign ministry is working to secure their safe passage, indicating the company's direct exposure to the Strait of Hormuz blockade.