Story perspectives

Malaysia Maintains Fuel Subsidy Amid Rising Oil Prices

3/6/2026

Summary

Story summary

Malaysia keeps RON95 subsidy at RM1.99 per litre under a targeted scheme.
Rising global oil prices threaten subsidy sustainability as Brent crude spikes after a US-Israeli strike on Iranian targets.
Economists warn prolonged high prices could force the government to adjust the subsidy or widen the deficit.
Prime Minister Anwar Ibrahim emphasizes efforts to maintain subsidies.
Hari Raya season increases pressure on households facing reduced purchasing power.

1 of 1

Story summary

Malaysia keeps RON95 subsidy at RM1.99 per litre under a targeted scheme.
Rising global oil prices threaten subsidy sustainability as Brent crude spikes after a US-Israeli strike on Iranian targets.
Economists warn prolonged high prices could force the government to adjust the subsidy or widen the deficit.
Prime Minister Anwar Ibrahim emphasizes efforts to maintain subsidies.
Hari Raya season increases pressure on households facing reduced purchasing power.