Malaysia

Anwar: Malaysia - New Zealand reaffirms strategic ties amid global energy and security concerns

Leaders agree to deepen cooperation in trade, investment and energy while aligning responses to geopolitical tensions, including conflicts in West Asia and their economic repercussions

Updated 7 months ago · Published on 24 Mar 2026 3:27PM

Anwar: Malaysia - New Zealand reaffirms strategic ties amid global energy and security concerns
Anwar reiterates Malaysia’s firm position condemning military attacks against Iran and rejecting unilateral actions that contravene international law - March 24, 2026

MALAYSIA and New Zealand have agreed to further strengthen bilateral relations under their strategic partnership framework, with a renewed focus on trade, investment and energy cooperation, alongside closer coordination in addressing emerging global challenges.

The commitment was expressed during a telephone conversation between Prime Minister Datuk Seri Anwar Ibrahim and his New Zealand counterpart Christopher Luxon.

Anwar, who is also Finance Minister, said both countries would continue to maintain close engagement in navigating current global issues, particularly the conflict in West Asia, in the interest of mutual stability and cooperation.

“We exchanged views on developments in West Asia and their impact on global security and the economy,” he said in a Facebook post.

During the call, Anwar reiterated Malaysia’s firm position condemning military attacks against Iran and rejecting unilateral actions that contravene international law.

“Malaysia continues to call for an immediate ceasefire, protection of civilians and a return of all parties to the negotiating table through diplomatic channels,” he said.

The two leaders also discussed the wider implications of the conflict on New Zealand’s energy sector, including rising fuel prices and mounting pressure on its domestic economy.

“I welcome New Zealand’s proactive steps to strengthen energy security and accelerate the transition towards renewable energy,” he added.

Global oil prices have remained volatile, with the Brent benchmark recording significant increases since the outbreak of conflict in West Asia. The disruption of the Strait of Hormuz, a critical global shipping route for oil, has tightened supply and contributed to rising prices worldwide.

Anwar previously noted that Malaysia has also been affected by the situation, as nearly half of the country’s oil supply passes through the Strait of Hormuz.

He said the impact has been particularly evident in government expenditure on fuel subsidies, which surged from around RM700 million to RM3.2 billion within less than a week due to escalating global oil prices. - March 24, 2026

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