PETALING JAYA: Any impact from the dip in global crude oil price due to the Middle East ceasefire will be delayed, say experts. The disruption extended beyond crude oil to commodities like helium, which is critical to semiconductor manufacturers in South Korea and Taiwan, said Asia West East Centre geopolitical analyst Dr Abdolreza Alami from Universiti Teknologi Mara. “There is a time lag since oil must be shipped, refined into petrol and diesel and transported to local stations. “With the Middle East supplies accounting for about one-quarter of the world’s oil supply, the war has created a persistent supply shor­tage. Hence, when a ceasefire is announced, that does not mean cheaper petrol at the pumps tomorrow,” said Yeah.

Source: The Star April 10, 2026 14:38 UTC