Oil Price Shocks, Inflation and the Fragility of the Global Economy

By Dr Phar Kim Beng

Few economic indicators shape global stability as decisively as the price of oil. 

FMM Calls For Export Crisis Task Force Amid Strait Of Hormuz Disruptions

KUALA LUMPUR, March 10 (Bernama) -- A coordinated government–industry response is needed to address the growing impact of the Iran-US-Israel conflict and the disruption around the Strait of Hormuz on Malaysia’s manufacturing exports and maritime trade, said the Federation of Malaysian Manufacturing (FMM).

Malaysia Well-positioned To Support Regional Energy Supply Amid Middle East Conflict

KUALA LUMPUR, March 7 (Bernama) -- Malaysia can capitalise on the large-scale oil supply disruption caused by the conflict in the Middle East by positioning itself as a viable and more reliable energy supplier to customers in Asia, said commentator and scholar in the field of maritime and oil and gas, Nazery Khalid.

MATRADE Takes Mitigation Steps To Safeguard Malaysian Exports Amid West Asia Conflicts

KUALA LUMPUR, March 5 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is taking proactive steps to cushion the impact of escalating geopolitical conflicts in West Asia, by activating a comprehensive mitigation framework to support Malaysian exporters navigating maritime blockades, surging logistics costs and supply chain disruptions. 

US-Iran Escalation Keeps Oil Prices Firm, Lifts Palm Oil Outlook -- MPOC

KUALA LUMPUR, March 5 (Bernama) -- Prolonged conflict in the Middle East could sustain a price floor for crude oil through 2026, lending underlying support to palm oil prices and reinforcing firmer trends across the global edible oils market.

Uni-Fuels Expands Bunkering Operations Across Thailand To Support Global Growth

KUALA LUMPUR, March 4 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) announced that its regional operating subsidiaries have expanded its bunkering operations across major and strategic marine fuel supply locations in Thailand, marking a significant milestone in the company’s global growth strategy.

Rystad Energy Sees Limited Long-term Impact On Global LNG Markets Despite Supply Shock

KUALA LUMPUR, March 3 (Bernama) -- Rystad Energy expects the current supply shock to have a limited long-term impact on global gas and liquefied natural gas (LNG) markets, despite an over 52 per cent surge at Europe’s benchmark Title Transfer Facility on March 2, 2026.

Sabah Welcomes More Collaboration With Petronas - Hajiji

KOTA KINABALU, March 3 (Bernama) -- Sabah Chief Minister Datuk Seri Hajiji Noor has welcomed Petroliam Nasional Bhd’s (Petronas) commitment to exploring further collaboration to enhance Sabah’s participation in the oil and gas industry.

RAM Ratings Maintains Malaysia's 2026 GDP Growth At 4–5 Pct Amid Resilient Economy

KUALA LUMPUR, March 3 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained Malaysia’s gross domestic product (GDP) growth projection at 4.0 per cent to 5.0 per cent for 2026, reflecting expectations of continued strength in the domestic economy.

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.

CGTN Releases Analysis On China’s New Quality Productive Forces

KUALA LUMPUR, March 2 (Bernama) -- Provincial government work reports from China’s Two Sessions reveal a decentralised approach to technological development, with each province carving out its niche in high-tech, high-efficiency industries.

FGV Holdings Names Abu Huraira Non-independent, Non-executive Chairman

KUALA LUMPUR, March 2 (Bernama) -- FGV Holdings Bhd has appointed Datuk Abu Huraira Abu Yazid as its non-independent, non-executive chairman, effective March 2, 2026.