Hormuz vital for Malaysia’s oil supply - News Summed Up

Hormuz vital for Malaysia’s oil supply


The national oil company said fuel supply at their stations is expected to remain sufficient until the end of May. Despite this, domestic production alone is insufficient to meet overall demand, with more than half of the crude oil processed at Malaysian refineries sourced from overseas. As a result, key fuel products including petrol, diesel, liquefied petroleum gas (LPG) and jet fuel could face supply pressures if disruptions persist. Disruptions along the waterway have begun to ripple across global energy markets, with delays reported in transportation and delivery of crude oil and refined fuels. Meanwhile, data from the Finance Ministry shows that domestic oil consumption stands at about 700,000 barrels per day, nearly double Malaysia’s crude oil production of around 350,000 barrels daily.


Source: The Star April 08, 2026 06:52 UTC



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