West Asia Conflict: NEAC To Study Impact On Aviation, Oil Supply

JOHOR BAHRU, March 15 (Bernama) -- The National Economic Action Council (NEAC) will hold a meeting tomorrow to discuss the impact of the prolonged conflict in West Asia on the transportation sector, particularly aviation, and mitigation measures to safeguard oil and gas (O&G) supply.

BNM Likely To Assess Oil Shock Impact Before Interest Hike To Counter Inflation - Economist

By Karina Imran

KUALA LUMPUR, March 15 (Bernama) -- Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said policymakers are likely to assess the situation before raising interest rates to contain inflation resulting from the impact of the conflict in West Asia and surging oil prices.

Navigating The 2026 F1 Calendar Amid West Asia Conflict

By Siti Radziah Hamzah

KUALA LUMPUR, March 15 (Bernama) -- As the 2026 Formula 1 (F1) season opened in Melbourne from March 6-8, the sport is facing one of its most complex geopolitical challenges in recent years.

Sabah Monitors Global Conflict Impact On Supply Chains

KOTA KINABALU, March 14 (Bernama) -- The Sabah government is monitoring the impact of global conflicts on goods supply chains and their implications for consumers through the state's Ministry of Industrial Development, Entrepreneurship and Transport (MINDET).

Surge In Global Energy Prices Support Bio-based Commodities  — Noraini 

KUALA LUMPUR, March 14 (Bernama) — The increase in global energy prices can potentially support demand for bio-based commodities such as palm oil, particularly in the biofuel sector, which can positively impact global prices.

Institutions Over Barrels: Why Petronas Matters to Malaysia’s Energy Security

By Samirul Ariff

Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.

Prolonged US-Iran Conflict May Trigger 70 Pct Drop In West Asia Oil Output -- Rystad Energy

KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.

Price Adjustments Curb Spikes, Ensure Supply Continuity - BHPetrol

By Siti Radziah Hamzah

KUALA LUMPUR, March 14 (Bernama) -- The adjustment of fuel prices under the Automatic Pricing Mechanism (APM) is a critical tool to manage volatility in global oil markets and ensure a stable, continuous fuel supply in Malaysia, BHPetrol said.

Daily Life In Hanoi Continues Unabated Despite Work From Home Call To Save On Fuel Costs

From Nur Athirah Mohd Shaharuddin

HANOI, March 14 (Bernama) – Despite the war in West Asia that has spiked oil prices, the people of Vietnam seem oblivious to the consequent inflationary pressures, especially for a nation that depends significantly on imported crude oil.

MITI To Give Explanation On Alleged Excess Capacity, Forced Labour -- Johari

KUALA LUMPUR, March 13 (Bernama) -- Malaysia will give an explanation to the United States (US) regarding allegations of structural excess capacity and production as well as the use of forced labour, which are among issues under probe under Section 301(b) of the US’ Trade Act of 1974.

ASEAN Economic Ministers: Middle East Tensions Pose Risks To Region's Economic Stability, Energy Security

KUALA LUMPUR, March 13 (Bernama) -- Continued tensions in the Middle East will have impact on economic security and stability, the livelihoods of millions of people in the region, and hinder economic progress in ASEAN, according to a joint statement by the ASEAN Economic Ministers.

Oil Price Increase Also Poses Challenges To Oil-Producing Countries -- Tengku Zafrul

KUALA LUMPUR, March 13 (Bernama) -- The rise in global oil prices not only puts pressure on oil-importing countries but also impacts oil-producing countries such as Malaysia, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.