RON95 Can Hold at RM1.99 Amid Oil Price Surge but Fiscal Pressure May Rise, Says Economist

Malaysia vows to hold petrol prices as Iran war pushes oil past US$100

Malaysia’s prime minister guarantees citizens that RON95 petrol will remain at 1.99 ringgit despite the US-Israel war on Iran.

PMX: Govt Working Hard to Maintain RON95 at RM1.99/Litre as Global Oil Prices Hit USD100/Barrel

The government will make every effort to maintain the price of RON95 petrol at RM1.99 per litre to avoid burdening the public, Prime Minister Datuk Seri Anwar

RON95 can hold at RM1.99 amid oil price surge but fiscal pressure may rise, says economist

KUALA LUMPUR: Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.

Gov't to continue efforts to maintain RON95 at RM1.99 per litre despite hike in global crude oil prices

Prime minister Datuk Seri Anwar Ibrahim has repeated his earlier statement that Malaysia will continue efforts to maintain the current RM1.99 per litre price of subsidised RON 95 petrol under the Budi Madani RON 95 (Budi95) scheme despite global crude oil prices having climbed to around US$100 per barrel following escalating tensions in the Middle East. Despite the pressure on global markets, he said the government would continue taking measures…

Govt Aims To Keep RON95 At RM1.99 Amid Rising Global Oil Prices

The government will continue efforts to keep the price of RON95 petrol at RM1.99 per litre for Malaysians under the BUDI95 subsidy, despite rising global oil prices. According to Prime Minister Anwar Ibrahim, the administration will do its utmost to maintain the price so that it does not place additional financial pressure on the public. Speaking at a gathering with staff from the Ministry of Domestic Trade and Cost of Living, Anwar noted that g…