What is the main purpose of the oil supply continuity plan that Malaysian Prime Minister Anwar Ibrahim will outline?

The main purpose of the plan is to ensure sufficient domestic oil supply to support economic activity amid uncertainties caused by the conflict in Iran and its impact on global energy markets, particularly the disruption to the Strait of Hormuz.

How much is Malaysia expected to spend on fuel subsidies in April, and how does this compare to pre-conflict levels?

Malaysia’s government expects to spend about 7 billion ringgit ($1.8 billion) on fuel subsidies in April — roughly ten times more than what it was paying before the Iran conflict.

Anwar to Outline Malaysia Oil Supply Continuity Plan: Bernama

May 9, 2026

Malaysian Prime Minister Anwar Ibrahim will unveil an oil supply continuity plan amid Iran conflict concerns, allocating $1.8 billion in subsidies and targeting B15 biodiesel use by June to secure domestic reserves.

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Anwar to Outline Malaysia Oil Supply Continuity Plan: Bernama

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