In reality, it has been a net crude oil importer since 2022. Three statistics define Malaysia’s exposure:In short, more than half of Malaysia’s crude feedstock comes through a single maritime passage that is just 34km wide at its narrowest point. To make the abstract concrete, here is a straightforward way to estimate what each day of Strait of Hormuz disruption costs Malaysia. Malaysia imported around 442,500 barrels per day of crude oil in 2024, with 2025 volumes likely in a similar range. Being a net energy exporter does not eliminate the pain of being a net crude oil importer.

Source: The Edge Markets April 08, 2026 05:34 UTC