Strait of Hormuz: How The Strategic Flashpoint In The West Asia Conflict Is Roiling Global Oil Markets

By Voon Miaw Ping

KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.

Bursa Malaysia Slips Below 1,700 Level At Midday As Oil Price Surge Weighs On Sentiment

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia remained lower at midday, falling below the 1,700 psychological level, in line with the weaker performance of most regional peers amid dented sentiment following a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon.

Batik Air Adjusts Fuel Surcharges On Selected Routes Amid Rising Jet Fuel Prices

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 13 (Bernama) -- Batik Air Malaysia has implemented modest adjustments across selected routes, including fuel surcharges structured by route category, in response to rising operating costs driven by higher jet fuel prices.

Gov’t To Cover Fuel Subsidies Expected To Reach RM3.2 Bln Monthly For Public Welfare -- Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) -- The government will ensure citizens continue to receive assistance through targeted RON95 subsidies under the BUDI95 initiative, while keeping petrol and diesel prices unchanged despite the rise in fuel subsidy spending, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

MAG Continues To Review Fares, Fuel Surcharges Amid Market Volatility

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 13 (Bernama) -- Malaysia Aviation Group (MAG) said the airlines under its portfolio are continuously reviewing airfares and fuel surcharges in response to prevailing market conditions.

First Meeting Of Fifth Session Of 15th Parliament Ends, West Asia Among Top Concerns

KUALA LUMPUR, March 12 (Bernama) -- The Dewan Rakyat and Dewan Negara sessions for the First Meeting of 2026, which ended today, saw the focus given to boosting the country’s economic resilience, fiscal management, and the government’s efforts to monitor the impact of the West Asia conflicts on the national and global economy.

Airlines Feel 'Powerless' Amid West Asia Conflict, But AirAsia Remains Resilient - Tony Fernandes

KUALA LUMPUR, March 12 (Bernama) -- Airlines feel “pretty powerless” at present amid escalating geopolitical tensions and volatile fuel prices, with little visibility on how the unfolding West Asia conflict will affect the aviation industry, said Tony Fernandes.

Malaysia’s Wholesale, Retail Trade Sales Rise 7.3 Pct To RM159.8 Bln In January — DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s wholesale and retail trade sales rose 7.3 per cent year-on-year (y-o-y) to RM159.8 billion in January 2026, according to the Department of Statistics Malaysia (DOSM).

EIG’s MidOcean Energy Expands Gorgon LNG Stake Through JERA Acquisition

KUALA LUMPUR, March 12 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has signed definitive agreements with JERA Co Inc (JERA) to acquire JERA Gorgon Pty Ltd, which holds a 0.417 per cent interest in the Gorgon LNG project.

Malaysia Has Some Structural Resilience To External Shocks But Cannot Fully Insulate Itself - Petronas

KUALA LUMPUR, March 12 (Bernama) -- Petroliam Nasional Bhd (Petronas) says the country has a degree of structural resilience to external shocks arising from the ongoing US-Iran conflict. 

US-Iran Conflict And Energy Lockdowns: What's Next For Asia?

By Saraswathi Muniappan

KUALA LUMPUR, March 12 (Bernama) -- The latest disruption to global trade due to the United States-Iran conflict is hardly surprising.

Ringgit Extends Gains At Opening As Oil Prices Stabilise

KUALA LUMPUR, March 12 (Bernama) -- The ringgit extended gains against the US dollar and other currencies at Thursday’s opening, supported by stabilising oil prices following the International Energy Agency’s (IEA) decision to release additional supply into the market, an economist said.