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KUALA LUMPUR, April 16 (Bernama) – Malaysia’s ability to negotiate with Iran to secure safe passage for its crude oil imports through the vital Strait of Hormuz is not indicative of a failure of the principles of international maritime law, but rather reflects the reality that rights under law often require diplomatic backing, said a logistics expert.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 13 (Bernama) -- The ringgit opened mostly higher against major currencies today, but eased slightly against the US dollar amid growing external uncertainties and firmer demand for the US dollar.
KUALA LUMPUR, April 11 (Bernama) – An academic has urged Malaysia and Turkiye to strengthen defence cooperation by moving beyond procurement and establishing a strategic partnership to jointly develop the local defence and aerospace industry.
KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.
By Siti Radziah Hamzah
KUALA LUMPUR, April 8 (Bernama) -- Oil prices fell below US$100 per barrel as the United States and Iran agreed to a two-week ceasefire in exchange for Tehran allowing safe passage through the Strait of Hormuz.
KUALA LUMPUR, April 7 (Bernama) -- Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sovereignty by diversifying local energy sources.
KUALA LUMPUR, April 2 (Bernama) -- Diesel prices are rising faster than petrol due to structural supply constraints, sustained industrial demand and limited flexibility in refining systems, according to energy research firm Rystad Energy.
KUALA LUMPUR, March 31 (Bernama) -- Global oil prices could remain elevated if the West Asia conflict escalates further in the absence of a ceasefire, independent research and energy intelligence company Rystad Energy said today.
KUALA LUMPUR, March 26 (Bernama) – MTT Shipping and Logistics Bhd (MTTSL), a container liner shipping operator, plans to raise RM652.5 million through the public issue of 633.5 million new ordinary shares.
KUALA LUMPUR, March 26 (Bernama) -- Kymeta Corporation, a flat-panel satellite terminal manufacturer, has launched its new Kestrel u5, a compact multi-orbit satellite communications (SATCOM) terminal designed for unmanned systems, national security operations, and high-speed industrial mobility.
FRANKFURT, March 26 (Bernama-dpa-AFX) -- European stocks closed on a strong note on Wednesday, as the mood turned a bit bullish amid some hopes of a de-escalation in tensions in West Asia, dpa-AFX reported.
