{"id":367217,"date":"2026-04-07T03:33:28","date_gmt":"2026-04-07T03:33:28","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/367217\/"},"modified":"2026-04-07T03:33:28","modified_gmt":"2026-04-07T03:33:28","slug":"southeast-asia-oil-crisis-puts-sovereign-ratings-at-risk","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/367217\/","title":{"rendered":"Southeast Asia oil crisis puts sovereign ratings at risk"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/spotlight\/iran-tensions\/iran-war\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Iran war<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Subsidies to offset soaring fuel prices could worsen finances, inflation<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/04\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/6\/3.jpeg\" alt=\"20260406N Indonesia fuel line\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Rumors that gas prices would spike from April led to huge lines at gas stations across Indonesia. \u00a9 Reuters<\/p>\n<p>TOMOYOSHI OSHIKIRI, YUKI FUJITA and KENYA AKAMA<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">JAKARTA\/MANILA\/BANGKOK &#8212; Southeast Asia faces the risk of sovereign debt downgrades due to the heavier fiscal burden from subsidies to offset soaring fuel prices, where financial assistance\u00a0intended to tamp down public unrest could instead fuel a vicious cycle of weakening currencies and rising prices.<\/p>\n","protected":false},"excerpt":{"rendered":"Iran war Subsidies to offset soaring fuel prices could worsen finances, inflation Rumors that gas prices would spike&hellip;\n","protected":false},"author":2,"featured_media":367218,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[2300,138,537,219,111,139,69,4156,43296,10465,7192,29101,22476],"class_list":{"0":"post-367217","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asia","9":"tag-business","10":"tag-crisis","11":"tag-economy","12":"tag-new-zealand","13":"tag-newzealand","14":"tag-nz","15":"tag-oil","16":"tag-puts","17":"tag-ratings","18":"tag-risk","19":"tag-southeast","20":"tag-sovereign"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/367217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=367217"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/367217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/367218"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=367217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=367217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=367217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}