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Minister Pledges RON95 Price Stability Amid Global Tensions

3/9/2026

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Summary

Story summary

Domestic Trade and Cost of Living Minister Anwar pledged to keep the RON95 price at 1.99 ringgit to ease the public's burden.
The pledge comes as Middle East tensions have unsettled global energy markets.
He warned that disruptions in the Strait of Hormuz could raise oil and liquefied natural gas supply and transport costs.
He noted that hundreds of tankers are already experiencing delays, affecting logistics worldwide.

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Story summary

Domestic Trade and Cost of Living Minister Anwar pledged to keep the RON95 price at 1.99 ringgit to ease the public's burden.
The pledge comes as Middle East tensions have unsettled global energy markets.
He warned that disruptions in the Strait of Hormuz could raise oil and liquefied natural gas supply and transport costs.
He noted that hundreds of tankers are already experiencing delays, affecting logistics worldwide.