KUALA LUMPUR, March 9, 2026 (The Capital Post) — Malaysia remains in a strong economic position and has the capacity to absorb potential impacts arising from the ongoing conflict in the Middle East, Second Finance Minister Datuk Seri Amir Hamzah Azizan said.
He said the country’s domestic oil and gas supply remains stable and no disruptions to the local market are expected despite rising geopolitical tensions.
Amir Hamzah added that the government also has the financial capacity to maintain the subsidised price of RON95 petrol at RM1.99 per litre for at least the next two months.
Global markets have been closely monitoring the Middle East conflict as it has pushed oil prices higher and raised concerns about inflation and economic volatility worldwide.
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Malaysia, however, is seen as relatively resilient due to its position as an energy producer and the strength of its economic fundamentals, which help cushion the impact of external shocks.
Authorities have said they will continue to monitor global developments while ensuring domestic economic stability and energy supply remain secure.— The Capital Post
