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Malaysia's Anwar Ibrahim to Negotiate Russian Oil Deals

4/18/2026

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Story summary
  • On April 18, 2026, Malaysian Prime Minister Anwar Ibrahim announced PETRONAS will negotiate with Russia for oil purchases, signaling strong bilateral relations.
  • He noted Western nations now compete to buy Russian oil after sanctions.
  • Anwar said early diplomacy allowed Malaysian oil tankers to pass the Strait of Hormuz without disruptions.
  • He acknowledged ongoing challenges for some vessels and said Malaysia will prioritize domestic energy needs before aiding others.