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Iran War Fuels Malaysia's Rising Diesel Prices, Political Risks

4/7/2026

Summary

Story summary

The Iran war is affecting Malaysia's food and energy markets, prompting Malaysians to stockpile essential goods.
Prime Minister Anwar Ibrahim says diesel prices have risen to RM6.02 per litre and are straining households.
The government spends RM4 billion monthly on fuel subsidies.
The government has cut the RON95 fuel quota by one third, and analysts warn that prolonged economic pressure could threaten Anwar Ibrahim's administration and trigger political consequences.

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Story summary

The Iran war is affecting Malaysia's food and energy markets, prompting Malaysians to stockpile essential goods.
Prime Minister Anwar Ibrahim says diesel prices have risen to RM6.02 per litre and are straining households.
The government spends RM4 billion monthly on fuel subsidies.
The government has cut the RON95 fuel quota by one third, and analysts warn that prolonged economic pressure could threaten Anwar Ibrahim's administration and trigger political consequences.