Malaysia vows to hold petrol prices as oil nears US$100 a barrel amid Iran war

Malaysia’s Prime Minister Anwar Ibrahim said on Monday that his government would do whatever it took to keep RON95 petrol at 1.99 ringgit (50 US cents) per litre – even as the US-Israel war on Iran pushed global crude prices towards US$100 a barrel.
“We will do our best to ensure the price of RON95 remains at 1.99 ringgit so that the rakyat (common people) are not burdened,” he said at the Domestic Trade and Cost of Living Ministry’s monthly assembly in Kuala Lumpur.
The pledge comes as the…  

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