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RON95 price stays at RM1.99 despite West Asia conflict
Malaysia keeps RON95 petrol at RM1.99 per litre despite global oil prices above US$100 per barrel and enhances border controls to combat fuel smuggling amid Middle East tensions.
- On March 12, Prime Minister Anwar Ibrahim said the government will keep subsidised RON95 at 1.99 ringgit per litre while the Finance Ministry set unsubsidised RON95 at 3.27 ringgit for March 12 to 18.
- Since Feb 28, escalating Middle East conflict triggered global crude price above US$100 per barrel as of March 9, raising cross-border fuel smuggling risks.
- Domestic Trade and Cost of Living Minister Armizan Mohd Ali said his ministry will intensify Ops Tiris and coordinate with Agriculture and Food Security and Investment, Trade and Industry ministries to curb fuel smuggling amid higher prices.
- Assuring short-term stability, Petronas said supplies remain secure until at least May and officials urged public consumers not to panic buy ahead of Hari Raya Aidilfitri.
- Regional hostilities since Feb 28 mean Malaysia's exposure to supply volatility continues as officials warned disruption to oil and gas through the Strait of Hormuz rattles energy markets.
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15 Articles
Oil spikes amid Middle East tensions, but RON95 stays at RM1.99; Anwar says Malaysia’s fuel supply secure until May
PUTRAJAYA, March 11 — Malaysia’s petrol supply remains under control and is sufficient at least until May 2026 despite turmoil in global oil markets triggered by the ongoing...
·Selangor, Malaysia
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Cabinet decides to maintain subsidised RON95 price at RM1.99 per litre, says Anwar
PUTRAJAYA: The price of RON95 petrol under the Budi95 targeted fuel subsidy mechanism will remain at RM1.99 per litre despite its market price rising three-fold at present, says Datuk Seri Anwar Ibrahim. Read full story
·Malaysia
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Total News Sources15
Leaning Left1Leaning Right3Center3Last UpdatedBias Distribution43% Center, 43% Right
Bias Distribution
- 43% of the sources are Center, 43% of the sources lean Right
43% Right
14%
C 43%
R 43%
Factuality
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