| LATEST NEWS | Kelantan State Government announces Thursday, March 19 as a public holiday in conjunction with Aidilfitri - MB | Sabah and Sarawak diesel subsidy estimated at RM4.6 billion this year if current prices remain - PM Anwar | Government allocates RM2 billion in subsidies per month to maintain RON95 price at RM1.99 per litre - PM Anwar | Additional Hari Raya holiday on Monday (March 23) if Aidilfitri falls on Friday (March 20), or on Friday (March 20) if Aidilfitri falls on Saturday (March 21) - PM Anwar | |
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.
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.
KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 0.4 per cent in January 2026 to 28,579 tonnes, compared with 28,684 tonnes in December 2025, according to the Department of Statistics Malaysia (DOSM).
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).
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.
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.
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.
By Saraswathi Muniappan
KUALA LUMPUR, March 12 (Bernama) -- The latest disruption to global trade due to the United States-Iran conflict is hardly surprising.
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.
By Nor Baizura Basri
KUALA LUMPUR, March 11 (Bernama) -- Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives finished higher on Wednesday, mainly supported by firmer crude oil prices.
SUBANG JAYA, March 11 (Bernama) -- Proton Holdings Bhd launched the 2026 Proton X90, a seven-seater sport utility vehicle (SUV) enhanced with a new powertrain that further strengthens performance and driving confidence.
