Malaysia's pulse on breaking news, politics and business.
The CPTPP trade bloc has endorsed the US-Iran agreement and efforts to reopen the Strait of Hormuz, citing the critical importance of maintaining secure sea lanes for global energy trade and supply chain stability.
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Prime Minister Anwar Ibrahim's diplomatic visits to Russia and Turkmenistan have yielded strategic energy agreements, including crude oil and gas supplies from Russia and new gas block development rights for PETRONAS in Turkmenistan.
Petronas assures stable fuel supplies across its nationwide network through August, meeting roughly half of Malaysia's domestic fuel demand. The government has formed a crisis management task force to monitor energy security.
Prime Minister Anwar Ibrahim has successfully concluded high-profile visits to Russia and Turkmenistan, securing major energy agreements that could reshape Malaysia's petroleum landscape and enhance regional cooperation.
US Secretary of State Marco Rubio has flatly rejected Iranian proposals to impose tolls or charges on transit through the Strait of Hormuz, reflecting widening disagreements over nuclear inspections, missile capabilities, and pathways to ending the region's conflict.
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Malaysia will cut subsidised diesel to RM2.10 per litre from July, using MyKad verification under the BUDI95 programme. The reduction demonstrates the government's economic reform efforts and targeted subsidy approach.
Prime Minister Anwar Ibrahim's visits to Russia and Turkmenistan have yielded significant strategic outcomes, including a 20-year Russian oil supply commitment and Petronas's appointment to operate a major gas field, bolstering Malaysia's energy security and global standing.
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Prime Minister Anwar Ibrahim's recent diplomatic visits to Russia and Turkmenistan are positioning Malaysia as a strategic investment destination, with analysts crediting his international standing for expanding trade, energy partnerships, and economic opportunities.
Iran and the United States have completed a draft agreement providing temporary relief from sanctions on Iranian oil exports, according to Tehran's negotiating team. The breakthrough follows talks at a Swiss resort under a broader peace framework.
Prime Minister Anwar Ibrahim has announced that Russian President Putin has assured Malaysia of consistent long-term energy supplies, positioning the country to strengthen its energy security through strategic partnerships with global producers.
Prime Minister Anwar Ibrahim's four-day diplomatic mission to Tashkent, Kazan, and Ashgabat reflects Malaysia's broader strategy to diversify economic partnerships as global competition intensifies and the international order becomes increasingly multipolar.
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Prime Minister Datuk Seri Anwar Ibrahim's recent diplomatic missions to Russia and Turkmenistan have yielded significant energy cooperation agreements, positioning Malaysia to diversify its hydrocarbon supplies and strengthen ties within the BRICS framework.
Prime Minister Anwar Ibrahim's recent official visits to Russia and Turkmenistan are expected to strengthen Malaysia's energy security through expanded oil and gas cooperation and deeper strategic partnerships with key energy-producing nations.
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Malaysia has secured a significant partnership involving Turkmenistan's substantial gas reserves, with Prime Minister Anwar Ibrahim attributing the breakthrough to the country's balanced approach in international relations and refusal to adopt partisan stances.
Russian President Vladimir Putin has assured Malaysia of stable oil and gas supplies over the next two decades, according to Prime Minister Anwar Ibrahim. The pledge comes as Malaysia pursues broader trade opportunities across Asia.
Prime Minister Anwar Ibrahim announced strategic energy partnerships with Russia and Turkmenistan, securing Malaysia's oil and gas supplies for at least 20 years and opening export opportunities to Asia.
A Japanese-owned crude oil tanker has safely passed through the Strait of Hormuz after being trapped in the Persian Gulf, marking a breakthrough as Tokyo and Tehran coordinate diplomatic efforts.
Prime Minister Anwar Ibrahim has lauded a significant Petronas agreement involving a Turkmenistan gas field, marking a strategic expansion of Malaysia's energy portfolio in Central Asia.
A US-Iran peace memorandum could stabilize global oil prices and ease pressure on Malaysian consumers, though recovery will be gradual as shipping costs remain elevated, says a finance ministry official.
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Prime Minister Anwar Ibrahim has called for stronger economic and technological cooperation between Asean and Russia, emphasizing opportunities in trade, artificial intelligence and energy partnerships.
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Prime Minister Anwar Ibrahim announced that Russia has agreed to ensure long-term supplies of petrol, oil, and natural gas to Malaysia, strengthening bilateral energy ties between the two nations.
Prime Minister Anwar Ibrahim's visit to Kazan has resulted in Russia committing to long-term supplies of oil and gas to Malaysia, replacing volatile seasonal arrangements with stable multi-year agreements.
Prime Minister Anwar Ibrahim has announced Russia's commitment to supplying Malaysia with petrol, oil, and gas over the long term, signalling a deepening energy partnership between the two nations.
Prime Minister Anwar Ibrahim has urged ASEAN and the Shanghai Cooperation Organisation to pool resources in combating cross-border crime and advancing energy security, leveraging existing frameworks to tackle challenges that demand coordinated regional responses.
Prime Minister Anwar Ibrahim met Russian President Vladimir Putin in Kazan to explore deeper energy cooperation and expansion of bilateral trade using local currencies, signalling Malaysia's strategic pivot in Southeast Asian geopolitics.
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Prime Minister Anwar Ibrahim held extensive discussions with international journalists in Kazan, focusing on deepening Asean-Russia relations, energy cooperation, and cultural exchanges while addressing broader geopolitical concerns affecting Southeast Asia.
Prime Minister Anwar Ibrahim is travelling to Russia to meet President Putin and ASEAN leaders, with a focus on securing Malaysia's long-term energy supplies and maintaining fuel price stability in the face of geopolitical tensions.