Soaring oil prices push Malaysia’s fuel subsidy bill into the billions

PUTRAJAYA: Rising global oil prices amid the conflict in the Middle East are set to significantly impact government finances, with petrol subsidies alone estimated to jump to about RM2bil, compared to around RM700mil previously. Read full story

Source : https://www.thestar.com.my/news/nation/2026/03/13/soaring-oil-prices-push-malaysias-fuel-subsidy-bill-into-the-billions