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.

Strait Of Hormuz Closure Pushes Gulf Oil Inventories Towards Capacity, Pressuring Refiners

KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.

Bursa Malaysia Remains Lower At Mid-afternoon

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at mid-afternoon, weighed by continuous selling in selected heavyweights led by financial services as well as telecommunications and media counters.

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.

Bursa Malaysia Remains Lower At Midday As Oil Price Surge Weighs

By Zufazlin Baharuddin

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performance of regional peers amid dented sentiment from a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon (US$1=RM3.91).

Govt Focuses On Economic Stability, Managing Rakyat’s Cost Of Living -- Akmal Nasrullah

PUTRAJAYA, March 12 (Bernama) -- The government will prioritise efforts to maintain economic stability, mitigate the impact on the cost of living, and ensure the domestic economy continues to function well in the wake of current geopolitical challenges and global economic uncertainties.

Trump Says Oil Reserves Release Will Push Prices Down

WASHINGTON, March 12 (Bernama-dpa) -- US President Donald Trump said he will release strategic oil reserves to stabilise rapidly rising prices, adding that the reserves would be replenished afterwards, German Press Agency (dpa) reported.

O&G Related Stocks Higher At Early Trade As Crude Oil Prices Surge

KUALA LUMPUR, March 12 (Bernama) -- Oil and gas-related stocks were trading higher at the open after crude oil prices surged following tanker attacks in Iraqi waters amid the US-Iran conflict.

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. 

Bursa Malaysia Opens Lower As Geopolitical Risks Persist

By Zufazlin Baharuddin

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by softer Wall Street performance amid ongoing US-Iran tensions, while crude oil prices remained elevated.

Johor Economic Transformation Plan Channels Each District’s Strength To Drive Economic Growth

JOHOR BAHRU, March 12 (Bernama) -- Benefits from Johor’s economic development will be felt across all 10 of the state’s districts through the implementation of the Johor Economic Transformation Plan (JETP), said Menteri Besar Datuk Onn Hafiz Ghazi.

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.