PETALING JAYA: Despite rising crude oil prices and global tensions linked to the Middle East conflict, industry players are reporting that Malaysia’s supply of cooking oil and cooking gas remains stable ahead of the Hari Raya celebrations. Malaysian Muslim Restaurant Owners Association (Presma) president Datuk Mohamed Mohsin Abdul Razak said feedback from industry players indicates that cooking oil supplies remain sufficient nationwide, even as festive demand rises. “The government has also stepped up monitoring and distribution of subsidised cooking oil. Malaysia Indian Restaurant Operators Association president Datuk J. Govindasamy echoed the view, saying none of its members had reported shortages of cooking oil. As the world’s largest importer of vegetable oils, India’s move to curb fresh purchases could limit further price increases for palm oil, soybean oil and sunflower oil globally, although it may tighten local supplies in April.

Source: The Star March 15, 2026 05:46 UTC