Considered Malaysian news, analysis and opinion.
US President Donald Trump has initiated an investigation into major oil companies over persistently high gasoline prices, responding to mounting political pressure as Middle Eastern conflicts continue to impact fuel costs.
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The government has announced a reduction in subsidised diesel prices to RM2.10 per litre from July 2026, bringing welcome relief to small businesses, traders, and transport operators who depend heavily on fuel costs for their livelihoods.
Prime Minister Anwar Ibrahim has urged Asean and Russia to deepen cooperation across multiple sectors, particularly food security and energy, amid geopolitical shifts reshaping regional partnerships.