{"id":524120,"date":"2026-03-09T07:47:08","date_gmt":"2026-03-09T07:47:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/524120\/"},"modified":"2026-03-09T07:47:08","modified_gmt":"2026-03-09T07:47:08","slug":"malaysia-vows-to-hold-petrol-prices-as-oil-hits-us100-a-barrel-amid-iran-war","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/524120\/","title":{"rendered":"Malaysia vows to hold petrol prices as oil hits US$100 a barrel amid Iran war"},"content":{"rendered":"

Malaysia<\/a>\u2019s Prime Minister Anwar Ibrahim<\/a> said on Monday that his government would do whatever it took to keep RON95 petrol at 1.99 ringgit (50 US cents) per litre \u2013 even as the US-Israel war on Iran<\/a> pushed global crude prices past US$100 a barrel.<\/p>\n

\u201cWe will do our best to ensure the price of RON95 remains at 1.99 ringgit so that the rakyat (common people) are not burdened,\u201d he said at the Domestic Trade and Cost of Living Ministry\u2019s monthly assembly in Kuala Lumpur.<\/p>\n

The pledge comes as the Middle Eastern conflict has rattled global energy markets.<\/p>\n

Anwar warned that any disruption to the Strait of Hormuz<\/a> \u2013 through which a substantial share of the world\u2019s oil and liquefied natural gas flows \u2013 would have global consequences.
\n<\/p>\n

04:04<\/p>\n

How US-Israeli strikes on Iran are sending shock waves through global energy markets<\/p>\n

How US-Israeli strikes on Iran are sending shock waves through global energy markets<\/p>\n

Hundreds of tankers were already facing delays, he said, with knock-on effects rippling through transport and logistics costs worldwide.<\/p>\n

\u201cIf the Strait of Hormuz is affected or closed, the impact on global supply and transportation costs will be significant,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Malaysia\u2019s Prime Minister Anwar Ibrahim said on Monday that his government would do whatever it took to keep…\n","protected":false},"author":2,"featured_media":524121,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[22629,3930,3846,45,49,48,46,133252,5897,8722,15404,15809,3845,204184,17267,13341,172000,3848,15808,124590],"class_list":["post-524120","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-anwar-ibrahim","tag-azerbaijan","tag-bahrain","tag-business","tag-ca","tag-canada","tag-economy","tag-gulf","tag-iran","tag-jordan","tag-kuala-lumpur","tag-kuwait","tag-malaysia","tag-middle-eastern","tag-qatar","tag-saudi-arabia","tag-strait-of-hormuz","tag-turkey","tag-united-arab-emirates","tag-west-asia"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/524120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=524120"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/524120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/524121"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=524120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=524120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=524120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}