Malaysia Raises RON97 and Diesel Prices Amid Middle East Conflict, Keeps RON95 Subsidised

Malaysia increased RON97 petrol by 70 sen to RM4.55 and diesel by 80 sen to RM4.72 per litre due to volatility from the Middle East conflict. The government sustained the subsidised price for RON95 petrol at RM1.99 under the Budi95 programme to protect low- and middle-income consumers. Observers will watch how prolonged global oil price instability may affect future subsidy policies and fuel affordability in Malaysia.