KUALA LUMPUR, March 26, 2026 (BSS/AFP) - Iran is letting Malaysian tankers pass through the Strait of Hormuz after talks with Iranian, Turkish and other regional leaders, Malaysian Prime Minister Anwar Ibrahim said on Thursday. "We're now in the process of releasing the Malaysian oil tankers and the workers involved so that they can continue their journey home," Anwar said, thanking Pezeshkian. Anwar added that, thanks to production by Malaysian petroleum giant Petronas, "We are in a far better position." Petronas last year produced around two million barrels of oil a day, according to the latest company figures. He also announced a range of measures, including a reduction in the quota of subsidised fuel for Malaysian citizens and new diesel purchase limits in the eastern states of Sabah and Sarawak, as part of tighter controls to curb hoarding and smuggling of subsidised fuel.

Source: Bangladesh Sangbad Sangstha March 26, 2026 13:18 UTC