The government will maintain fuel subsidies for Malaysians despite the drop in global oil prices following the announcement of the US-Iran ceasefire.
The Finance Ministry says this is because any drop in global prices does not immediately translate to lower retail prices in Malaysia.
It explains that our pump prices are determined based on the average price of fuel over the previous week.
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This is why diesel prices for the coming week will be up by 70 sen per liter…while RON97 and unsubsidized RON95 will be 40 sen more expensive respectively.
However, subsidized RON95 under the Budi95 scheme remains at 1.99 per liter.
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The government is considering increasing security at petrol stations, especially those in border areas.
This comes amid several recent attempts to smuggle or hoard petrol and diesel.
The government spokesperson says this may include deploying PDRM officers to these stations, to keep an eye on the situation.
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The Melaka government is urging residents there to use water prudently as a precaution…to avoid the need for rationing if the current hot and dry spell worsens.
Meanwhile, the Met Department says only nine areas in Perlis, Kedah and Kelantan are currently under the Level One heat advisory.
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In other news…
Visit Malaysia Year 2026 has been extended until the end of next year to make up for the drop in visitor numbers due to the West Asia conflict.
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Three men have been remanded for disrupting a recent speech by MACC Commissioner Tan Sri Azam Baki, with the trio being investigated for obstructing a public servant and criminal intimidation.
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And, the Education Ministry says some 6,700 students who scored 10A’s and above in last year’s SPM exam will be eligible for automatic entry into the matriculation program.
