What did Prime Minister Anwar Ibrahim announce regarding Malaysia's fuel supply security?

Prime Minister Anwar Ibrahim announced that Malaysia has secured its fuel supply through July, supported by continued access to the Strait of Hormuz; Malaysian ships and oil were among the first allowed to transit the waterway, and local vessels that passed through Hormuz at the onset of the Iran war have since arrived at refineries in Pengerang, Johor.

How has Malaysia's fuel subsidy policy changed amid rising oil prices?

Anwar’s government has maintained subsidies for commonly-used gasoline despite elevated oil prices—causing the fuel subsidy bill to grow ten-fold from pre-crisis levels—but has cut the subsidized fuel quota for citizens and is considering rationalizing subsidies for high-income groups.

Malaysia Secures Fuel Supply Through July, Anwar Says

May 26, 2026

Malaysia PM Anwar Ibrahim confirmed fuel security through July via Strait of Hormuz access, while subsidy costs rose ten-fold, prompting quota cuts and potential rationalization for high-income groups.

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