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Malaysian PM: Petronas May Negotiate Oil Deal with Russia
Businessstraits-timesmalay-mailstar-malaysia3d ago3 sources

Malaysian PM: Petronas May Negotiate Oil Deal with Russia

Malaysian Prime Minister Anwar Ibrahim announced that the national oil company Petronas is considering negotiations with Russia for an oil deal. He emphasized that domestic energy needs would remain a priority in any potential agreement.

Global Energy Crisis: Fuel & Food Costs Rise, Governments Respond, Green Energy Explored
BusinessSCMPin-cyprusmalay-mail+1astana-times18d ago4 sources

Global Energy Crisis: Fuel & Food Costs Rise, Governments Respond, Green Energy Explored

The global energy crisis, exacerbated by the Middle East conflict, continues to drive a cost crisis for households and businesses worldwide, leading to rising fuel and food prices and prompting governments in Malaysia, Italy, and Pakistan to implement subsidies and policies, while Malaysia also explores green energy solutions.

Global Stocks Rally, Indian Markets Surge on Hopes for Middle East De-escalation
BusinessAPReutersBBC+65bloombergNYTwsjFTThe GuardianAl JazeeraCNNFox News+57 more21d ago68 sources

Global Stocks Rally, Indian Markets Surge on Hopes for Middle East De-escalation

Global stock markets, including major Indian indices like Sensex and Nifty, experienced a significant rally, with Sensex jumping nearly 1900 points, driven by investor optimism and hopes for a swift resolution to the Middle East conflict following comments from Trump about leaving Iran soon.

Fed Chair Powell Reaffirms Rates in 'Good Place' Amid Energy Shocks
BusinessAPReutersbloomberg+17wsjcnbcfazle-figaroFrance 24marketwatchYahoohotnews+9 more22d ago20 sources

Fed Chair Powell Reaffirms Rates in 'Good Place' Amid Energy Shocks

Federal Reserve Chair Jerome Powell discussed the outlook for interest rates, stating they are in a 'good place' despite acknowledging economic risks and energy price spikes, noting the Fed is watching but limited in its actions and can look past the oil shock with patience.

PM Anwar Congratulates Syed Saddiq on Engagement
Politicsmalay-mail25d ago

PM Anwar Congratulates Syed Saddiq on Engagement

Malaysian Prime Minister Datuk Seri Anwar Ibrahim extended his congratulations to Muar MP Syed Saddiq Syed Abdul Rahman on his recent engagement, playfully reminding him not to forget the wedding invitation.

UN Demands Justice for Iranian School Bombing Amid Israel-Iran Conflict
WorldAPReutersBBC+63bloombergNYTwsjwapoThe GuardianNPRAl Jazeeradr-dk+55 more25d ago66 sources

UN Demands Justice for Iranian School Bombing Amid Israel-Iran Conflict

The UN human rights chief expressed 'visceral horror' over the deadly bombing of an Iranian school, demanding justice and urging Washington to conclude its probe. This comes as Israel launched extensive attacks on Tehran and Iran attacked Kuwait's port, with rescue teams finding children's toys in the rubble.

IDF Confirms Killing of Iranian Naval Commander Alireza Tangsiri; Trump Warns Iran
WorldbloombergNYTwsj+57wapoAl JazeeraFox Newscbcruvfazaftonbladetberlingske+49 more26d ago60 sources

IDF Confirms Killing of Iranian Naval Commander Alireza Tangsiri; Trump Warns Iran

The IDF has confirmed eliminating Alireza Tangsiri, commander of the Iranian Revolutionary Guard Corps Navy, who was responsible for the Strait of Hormuz blockade, while US President Donald Trump has urged Iran's negotiators to engage fully before it's too late.

Pakistan Confirms Mediation in US-Iran Talks, Prevented Targeting of Iranian Officials
PoliticsReutersbloombergFT+37The GuardiancbctagesschaufazSCMPFrance 24irozhlasrzeczpospolita+29 more26d ago40 sources

Pakistan Confirms Mediation in US-Iran Talks, Prevented Targeting of Iranian Officials

Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar confirmed that US-Iran 'indirect talks' are taking place through messages relayed by Pakistan, with Pakistan successfully intervening to prevent Israel from targeting senior Iranian officials Abbas Aragchi and Mohammad Bagher Qalibaf.

Iran Rejects US Ceasefire Amid Negotiation Claims; Markets React to Peace Hopes
WorldReutersBBCbloomberg+115NYTwsjFTle-mondeThe GuardianNPRAl JazeeraCNN+107 more27d ago118 sources

Iran Rejects US Ceasefire Amid Negotiation Claims; Markets React to Peace Hopes

Iran has rejected a US ceasefire proposal and dismissed claims of ongoing negotiations, dampening hopes for de-escalation, though markets like the S&P 500 still reacted positively to initial hopes for peace talks, with oil prices falling.

Zelenskiy Seeks Money and Technology for Middle East Drone Help
WorldAPReutersFox News+13SCMPtelexdigi24The Independentindex-hrstraits-timesiefimeridanaftemporiki+5 more1mo ago16 sources

Zelenskiy Seeks Money and Technology for Middle East Drone Help

Ukrainian President Zelenskiy has stated that Ukraine is seeking financial aid and technology in exchange for its assistance with drone operations in the Middle East, reiterating his country's conditions for such support.

Anwar Calls for Culture of Integrity to Combat Corruption
Politicsmalay-mail1mo ago

Anwar Calls for Culture of Integrity to Combat Corruption

Malaysian Prime Minister Anwar Ibrahim stated that law enforcement alone is insufficient to end corruption, emphasizing the need for a broader culture of integrity. He urged a collective effort beyond punitive measures to effectively combat the issue.

Malaysia Seeks to Secure Russian Oil Supply
Politicschannel-news-asia3d ago

Malaysia Seeks to Secure Russian Oil Supply

Malaysia's national oil company Petronas is set to negotiate with Russia for oil purchases to ensure sufficient domestic supply, according to Prime Minister Anwar Ibrahim. This makes Malaysia one of several Southeast Asian nations pursuing Russian oil.

IEA Warns Europe Faces Imminent Jet Fuel Shortage
TechnologyAPReutersBBC+86bloombergNYTwsjFTThe GuardianNPRAl Jazeeradr-dk+78 more5d ago89 sources

IEA Warns Europe Faces Imminent Jet Fuel Shortage

The International Energy Agency (IEA) and other organizations have issued urgent warnings that Europe could run out of jet fuel within six weeks. This potential shortage is a primary concern for the EU, prompting discussions about emergency plans.

PM Anwar Orders Swift Action After Fire Destroys School Blocks in Kelantan
Worldmalay-mail8d ago

PM Anwar Orders Swift Action After Fire Destroys School Blocks in Kelantan

Malaysian Prime Minister Datuk Seri Anwar Ibrahim has ordered immediate government action following a fire that destroyed three school blocks in Kelantan, emphasizing student safety as a top priority. The incident prompts a rapid response to address the damage and ensure educational continuity.

Financestar-malaysia12d ago

Anwar: Soaring freight and fertiliser costs will hit Malaysians hard

Malaysian Prime Minister Anwar Ibrahim has warned that escalating freight and fertilizer costs will significantly impact Malaysians. He expressed concern that these rising expenses will translate into higher prices for essential goods and agricultural products, disproportionately affecting the cost of living for the average Malaysian. The Prime Minister highlighted the challenges faced by the nation due to global supply chain disruptions and increased commodity prices, emphasizing the need for measures to cushion the blow on the populace.

Trump Extends Iran Strike Pause, Delays Attacks Amid Peace Efforts and Strategic Analysis
WorldReutersBBCbloomberg+58NYTwsjFTAl Jazeeranrktimes-ukyle-uutisetcnbc+50 more25d ago61 sources

Trump Extends Iran Strike Pause, Delays Attacks Amid Peace Efforts and Strategic Analysis

The US president has extended a deadline for Iran to open the Strait of Hormuz and paused energy strikes for 10 days, with Trump stating talks are 'going very well' as US Vice President J.D. Vance takes a forefront role in US efforts to broker Iran peace; analysis suggests Trump's 'mysterious peace negotiations' do not promise a quick end to the war, and experts explain his strategy of playing for time with new ultimatums and troop deployments.

Global Markets React to Middle East Tensions; India's Fuel Prices Rise, Trump's Iran Stance Impacts Stocks
FinancebloombergNYTeconomist+17wsjFTFox Newsfaztvn24marketwatchdennik-nforbes+9 more26d ago20 sources

Global Markets React to Middle East Tensions; India's Fuel Prices Rise, Trump's Iran Stance Impacts Stocks

Experts warn that potential disruptions in the Strait of Hormuz could significantly impact markets, leading to currency weakening and rising prices, while Saudi Arabia bypasses the strait with surging oil exports. Global energy market tensions, particularly concerning Hormuz, are highlighting vulnerabilities in India's LPG supply, leading Nayara Energy to hike petrol and diesel prices. Wall Street is experiencing volatility with rising stocks and easing oil prices due to the ongoing 'war with Iran', with investors snubbing Trump's Iran reprieve.

Trump Rejects Iran Ceasefire as Oil Prices Soar Amid War Risks and Energy Dominance Pursuits
WorldAPReutersBBC+75bloombergNYTwsjFTwapoThe GuardianNPRAl Jazeera+67 more27d ago78 sources

Trump Rejects Iran Ceasefire as Oil Prices Soar Amid War Risks and Energy Dominance Pursuits

Former President Trump has reiterated his rejection of a ceasefire with Iran, asserting that Iran desires a deal but fears its own people and the US. Meanwhile, oil prices continue to climb past $100, driven by lingering risks of a prolonged US-Iran war, impacting global powers as Trump and Xi pursue energy dominance, with Europe particularly vulnerable.

Oil Prices Tumble and Stocks Rally on Hopes for Middle East De-escalation
WorldAPReutersbloomberg+38NYTwsjFTThe GuardianAl JazeeraCNNtimes-ukcnbc+30 more28d ago41 sources

Oil Prices Tumble and Stocks Rally on Hopes for Middle East De-escalation

Global energy markets are reacting to perceived easing tensions and signs of progress in resolving the Middle East conflict, with oil prices tumbling and US stock futures climbing, impacting the broader global economy.

G7 releases record amount of oil stocks to 'calm the markets down'
BusinessAPReutersBBC+101bloombergNYTwsjFTle-mondewapoThe GuardianAl Jazeera+93 more1mo ago104 sources

G7 releases record amount of oil stocks to 'calm the markets down'

G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.

Rafizi Ramli's criticism challenges Malaysian PM Anwar and PKR
Politicschannel-news-asia22h ago

Rafizi Ramli's criticism challenges Malaysian PM Anwar and PKR

Analysts suggest that former economy minister Rafizi Ramli's ongoing critiques of the Malaysian government and his own party, Parti Keadilan Rakyat (PKR), could harm the party's standing ahead of upcoming elections, though sacking him may not be a viable option.

European Far-Right Leaders Gather in Milan
WorldAl Jazeerale-figaroFrance 24+7la-repubblicala-vanguardiadanasjerusalem-postnaftemporikirfi-englishmalay-mail2d ago10 sources

European Far-Right Leaders Gather in Milan

European far-right leaders convened in Milan for a rally, with figures like Jordan Bardella meeting with allies to discuss their political agenda. This gathering aimed to regroup and strengthen their anti-immigration stance ahead of upcoming elections.

European Nations Plan Multinational Mission for Hormuz Strait Security
PoliticsAPReutersBBC+148bloombergNYTwsjFTle-mondewapoThe GuardianNPR+140 more4d ago151 sources

European Nations Plan Multinational Mission for Hormuz Strait Security

European nations, led by France and the UK, are planning a multinational naval mission to secure the Strait of Hormuz. This initiative aims to ensure safe passage through the vital waterway, with Italy also expressing openness to contribute.

Anwar Vows to Prioritize Education and Healthcare in Malaysia
Healthmalay-mail18d ago

Anwar Vows to Prioritize Education and Healthcare in Malaysia

Malaysian Prime Minister Anwar Ibrahim has assured that education and healthcare will remain top government priorities, even as the country faces pressures from the energy crisis. The government aims to address these critical sectors despite economic challenges.

Malaysia and Indonesia Intensify Diplomatic Efforts on Middle East Crisis
Politicsstraits-timesJakarta Postexpress-tribune+3malay-mailstar-malaysiatempo-english25d ago6 sources

Malaysia and Indonesia Intensify Diplomatic Efforts on Middle East Crisis

Malaysian Prime Minister Anwar Ibrahim visited Jakarta for discussions with Indonesian President-elect Prabowo Subianto on the Middle East crisis, with both nations agreeing to intensify diplomatic efforts to de-escalate the conflict. Iran has also confirmed it is allowing Malaysian oil tankers to pass through the Strait of Hormuz.

Trump Extends Pause on Iran Energy Strikes; Oil Prices Decline
WorldReutersBBCwsj+58FTle-mondeThe GuardianNPRAl JazeeraFox Newsnrkyle-uutiset+50 more26d ago61 sources

Trump Extends Pause on Iran Energy Strikes; Oil Prices Decline

Donald Trump has extended the deadline for pausing strikes on Iran's energy sites until April 6, stating that talks were going 'very well,' leading to a slight decline in global oil prices in early Asian trading.

Iran Allegedly Charging Transit Fees in Strait of Hormuz
PoliticsaftonbladetDWSCMP+13rzeczpospolitamorgunbladidYahooil-sole-24-oreTimes of Indiahindustan-timesindian-expressstraits-times+5 more26d ago16 sources

Iran Allegedly Charging Transit Fees in Strait of Hormuz

An Iranian lawmaker claims Tehran is quietly charging tankers up to $2 million for safe passage through the Strait of Hormuz, following an earlier provocative suggestion by an Iranian scholar for such a transit fee to recover losses.

US Troop Movements Fuel Iran Attack Fears; Trump Claims Deal Close Despite Tehran's Denials
PoliticsAPbloombergNYT+58wsjThe GuardianNPRAl JazeeraCNNFox Newsnrktimes-uk+50 more26d ago61 sources

US Troop Movements Fuel Iran Attack Fears; Trump Claims Deal Close Despite Tehran's Denials

The Pentagon has ordered a greater military presence in the Middle East, fueling fears of a risky ground attack on Iran. Meanwhile, Donald Trump continues to claim a deal to end the war is close, despite Iranian officials flatly denying any such agreement is possible and calling U.S. claims a self-negotiated defeat.

Malaysia Monitors RON95 Subsidies Amid Rising Global Oil Prices
Businessmalay-mail1mo ago

Malaysia Monitors RON95 Subsidies Amid Rising Global Oil Prices

Malaysian Prime Minister Anwar previously announced a surge in national subsidies due to the West Asia conflict, and now DPM Fadillah confirms Malaysia can still afford RON95 subsidies for now, but expresses concern over the escalating RM2 billion monthly bill as global oil prices are closely monitored.

Graft and gridlock: in Anwar’s Malaysia, reformist cracks widen
PoliticsSCMP1mo ago

Graft and gridlock: in Anwar’s Malaysia, reformist cracks widen

Two votes. That was the margin by which Malaysia’s prime minister, a man with a supermajority in the 222-seat lower house, failed to pass a bill his own coalition had spent weeks publicly championing. After the numbers were read out, the cameras cut to Anwar Ibrahim. He was mid-laugh, chatting with his deputy. The bill, defeated on March 2, was supposed to be a quick win – a term-limit proposal capping any prime minister at two terms or 10 years in office, chosen precisely because it was...

Malaysia tightens borders to fight fuel smuggling amid global energy crisis
BusinessSCMP1mo ago

Malaysia tightens borders to fight fuel smuggling amid global energy crisis

Malaysia will tighten border enforcement to curb fuel smuggling and keep subsidised petrol prices unchanged as the widening US-Israeli war with Iran disrupts energy flows through the Strait of Hormuz and rattles global oil markets. The move comes amid concern that rising fuel prices abroad could make smuggling subsidised fuel out of Malaysia more profitable. “The most worrying aspect is that this conflict has an impact on the global economy, Asia and Malaysia,” Prime Minister Anwar Ibrahim sa...