Indonesia, Singapore say key oil passage will remain ‘accessible’

Indonesia and Singapore vowed on Monday that the Strait of Malacca, a critical oil transit chokepoint in the region, will remain “accessible” even as Iran imposes fees on ships traversing the Strait of Hormuz. Indonesian President Prabowo Subianto discussed the matter with Singaporean Prime Minister Lawrence Wong in Jakarta as Southeast Asia reels from the effects of oil prices pushed sky-high by the Middle East war. The Strait of Malacca, surrounded by Indonesia, Malaysia, Singapore and...