MALAYSIA is not facing any oil supply disruptions despite the current conflicts in West Asia putting pressure on the global energy supply chain.
Finance Minister II, Datuk Seri Amir Hamzah Azizan, said the government is prioritising efforts to ensure that the country's fuel supply remains sufficient to avoid any disruption to the people and the business sector.
He said that so far, the country has not experienced any oil supply shortage, and consumers can still obtain fuel as usual without restrictions or rationing.
"We have succeeded in ensuring that the available supply is sufficient and consistent in the country.
"When there is no shortage of supply, the people do not need to worry about filling up with fuel, and traders can also continue to obtain the supplies needed to run their businesses," he said.
Amir Hamzah said the stability of supply was achieved through the cooperation of various parties, including the national energy company, which continues to seek new sources of supply to meet domestic needs.
He explained that the government has also taken steps to reduce the impact of rising global energy prices through the targeted subsidy mechanism currently being implemented.
He said that the price of subsidised RON95 fuel is still maintained at RM1.99 per litre, though the price of world crude oil is influenced by geopolitical factors and international market uncertainties.
"We want to reduce the burden on the people, which is why RON95 is still sold at a price that is much lower than the market price in many other countries," he said.
He said that the government is also strengthening the country's energy security strategy by diversifying supply sources to reduce dependence on one market or a particular country.
According to him, the approach is important as a risk management measure in the event of supply disruptions due to conflict, disaster or geopolitical uncertainties.
"We do not want to rely on just one source. If there is a problem in one area, we still have supply options from others.
"That is among the strategies that are being strengthened to ensure that the country's energy supply continues to be stable," he said.
He also admitted that the conflict in the Middle East could affect the cost of production and the prices of certain products.
"However, the government will continue to monitor current developments and take appropriate steps to reduce the impact on the people and the industry," he added. – June 6, 2026
