However, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the government should explore various options to safeguard fuel supply, given Malaysia’s reliance on imported refined petroleum products.' “This shows there is a direct link in how oil supply disruptions in the Middle East could affect Malaysia indirectly,” he said when contacted yesterday. “I would be cautious about introducing measures such as limiting how much fuel consumers can purchase,” he said. The government, he said, intends to keep RON95 at RM1.99 per litre for now despite rising oil prices linked to geopolitical tensions. However, he noted that oil pri­ces have so far risen only moderately despite geopolitical risks.

Source: The Star March 12, 2026 01:01 UTC