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Malaysia Allocates RM4 Billion Monthly to Stabilize Fuel Prices

4/2/2026

Summary

Story summary

Malaysian Prime Minister Anwar Ibrahim announced RM4 billion monthly to curb oil prices tied to Iran war.
He urged agencies to counter misinformation about fuel and electricity prices, noting 96 misleading social media posts.
He said subsidized petrol remains RM1.99 per litre, despite a 200-litre quota.
Starting April 15, government employees will work from home to boost energy security.
Petroliam Nasional Bhd. will ensure oil and gas supplies through May.

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Story summary

Malaysian Prime Minister Anwar Ibrahim announced RM4 billion monthly to curb oil prices tied to Iran war.
He urged agencies to counter misinformation about fuel and electricity prices, noting 96 misleading social media posts.
He said subsidized petrol remains RM1.99 per litre, despite a 200-litre quota.
Starting April 15, government employees will work from home to boost energy security.
Petroliam Nasional Bhd. will ensure oil and gas supplies through May.