Malaysia vows to hold petrol prices as oil hits US$100 a barrel amid Iran war

South China Morning PostCenter-RightEN 1 min read 100% complete by The StarMarch 9, 2026 at 06:34 AM

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Amid rising global crude oil prices exceeding $100 a barrel due to conflict in the Middle East, Malaysian Prime Minister Anwar Ibrahim pledged on Monday that the government will maintain the price of RON95 petrol at 1.99 ringgit per liter. Speaking in Kuala Lumpur, Anwar stated the government's commitment to protecting citizens from increased costs. He cautioned that disruptions to the Strait of Hormuz, a critical global oil and gas transit route, would have significant global consequences, impacting supply chains and transportation costs worldwide. Hundreds of tankers are already facing delays, exacerbating the situation. The government's pledge aims to mitigate the impact of international events on the Malaysian population.

Key Entities & Roles

Key Player Opposition Context

Kuala Lumpur 40% Domestic Trade and Cost of Living Ministry 50% Israel ×260% United States ×260% Strait of Hormuz ×270% Iran ×270% Malaysia 80% Anwar Ibrahim ×290%

Keywords

petrol prices 100% oil prices 90% strait of hormuz 80% energy markets 70% global supply 60% anwar ibrahim 50% iran war 50% transport costs 40%

Sentiment Analysis

Neutral

Score: 0.10

Source Transparency

Source

South China Morning Post

Political Lean

Center-Right (0.50)

Far LeftCenterFar Right

Classification Confidence

90%

Geographic Perspective

Malaysia

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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