Indonesia's Finance Minister Purbaya Yudhi Sadewa suggested that Indonesia, Malaysia, and Singapore could impose tolls on ships passing through the Strait of Malacca, citing Iran's plan to charge ships passing through the Strait of Hormuz. However, the idea was quickly dismissed by Singapore's Foreign Minister, and Australia's Defence Minister reiterated the country's commitment to freedom of navigation and the United Nations Convention on the Law of the Sea. Indonesia's President Prabowo has instructed his administration to focus on strategic global trade and energy routes, but officials have played down the significance of the remarks. Analysts warn that Indonesia's willingness to consider monetizing its geographical position could set a precedent for other countries and undermine regional stability.