Malaysia Airlines Flight Services To London, Paris Operate As Scheduled

KUALA LUMPUR, March 2 (Bernama) -- Malaysia Airlines confirms that all services to and from London and Paris continue to operate as scheduled.

Iranian Drone Hits Saudi Aramco's Ras Tanura Refinery: Reports

ISTANBUL, March 2 (Bernama-Anadolu/Ina) -- An Iranian drone strike targeted Saudi Aramco’s Ras Tanura oil refining facility on Monday, igniting a fire outbreak, Anadolu Ajansi reported, citing media reports.

Ship, Cargo War Insurance Surge Amid Middle East Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.

Ringgit Gained 4.31 Pct To RM3.89 As Of March 1, 2026 -- Amir Hamzah

KUALA LUMPUR, March 2 (Bernama) -- The value of the ringgit had increased by 4.31 per cent to RM3.89 against the US dollar as of March 1, 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Brent Crude May Spike By US$15-US$20 Per Barrel Amid Us-Iran Conflict, Says Public IB

KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).

Market Positioning May Limit Fallout On Malaysia From Middle East Conflict - Economist

KUALA LUMPUR, March 2 (Bernama) – The economic impact on Malaysia from the latest conflict in the Middle East could remain contained if tensions do not prolong, although near-term market volatility cannot be ruled out, economists said.

Malaysian-Registered Vessels Advised To Avoid Transiting The Strait Of Hormuz

KUALA LUMPUR, March 1 (Bernama) -- All Malaysian-registered vessels and local shipping companies are advised to exercise necessary precautionary measures, including avoiding transiting through the Strait of Hormuz until further notice, to ensure the safety of navigation following security developments in the Middle East region.

Middle East Conflict: Govt Will Try To Maintain RON95 Price Under BUDI95 Programme - PM Anwar

PUTRAJAYA, March 1 (Bernama) -- The government will try to maintain the price of RON95 petrol for Malaysians at the current level of RM1.99 per litre despite global market uncertainty due to the conflict in the Middle East, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Airlines Extends Suspension Of Flights To And From Doha, Jeddah, Madinah Until March 4

KUALA LUMPUR, March 1 (Bernama) -- National carrier Malaysia Airlines has extended its suspension of all flights to and from Doha (DOH), Jeddah (JED), and Madinah (MED) until March 4, 2026, following the cancellations implemented from Feb 28 to March 1, 2026.

Malaysia Airlines Extends Suspension Of Flights To And From Doha, Jeddah, Madinah Until March 4

KUALA LUMPUR, March 1 (Bernama) -- National carrier Malaysia Airlines has extended its suspension of all flights to and from Doha (DOH), Jeddah (JED), and Madinah (MED) until March 4, 2026, following the cancellations implemented from Feb 28 to March 1, 2026.

Batik Air Cancels Kuala Lumpur–Dubai Flight Due To Middle East Airspace Closure

KUALA LUMPUR, March 1 (Bernama) -- Batik Air has cancelled today’s scheduled service between Kuala Lumpur and Dubai as a precautionary safety measure due to the closure of designated airspace corridors in the Middle East.

US-Iran Conflict Disrupts Global Aviation, Could Cost Industry More Than US$1 Bln 

By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.