KUALA LUMPUR, June 26 (Bernama) -- The possible closure of the Strait of Hormuz following the recent Iranian parliamentary vote poses limited risk to Malaysia, said MIDF Amanah Investment Bank Bhd.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives retreated at the close on Tuesday as geopolitical fears eased and investors pivoted their focus toward shifting monetary dynamics.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 23 (Bernama) -- The ringgit closed lower against the greenback on Monday as US involvement in the war between Israel and Iran spurred demand for safe haven assets like the American dollar, an analyst said.
KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst.
KUALA LUMPUR, June 18 (Bernama) -- There is no global energy disruption so far, but industries will continue to closely monitor price developments, said S&P Global vice-chairman Daniel Yergin.
KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.
KUALA LUMPUR, June 16 (Bernama) -- Global oil prices are surging in anticipation of a supply shock due to the escalating conflict around the Strait of Hormuz, according to Petroliam Nasional Bhd (Petronas).
KUALA LUMPUR, June 16 -- The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.
