JOHOR BAHRU (Feb 28): The government will examine the impact on the country’s economy following attacks by the US and Israel on Iran, said Economy Minister Akmal Nasrullah Mohd Nasir. The minister said that, from an economic standpoint, there are several key issues to examine, including Malaysia’s direct relationship with Iran and the geopolitical tensions affecting the global economy. “Of course, one important angle to be assessed is the production of oil and gas, as Iran is a major regional and global producer. “In addition, we need to see effects on the global economic supply chain,” he said after the Seorang Sekampit Beras Campaign at the Sri Stulang People’s Housing Project here on Saturday. Commenting on the possibility of rising global oil and gas prices, he said the matter depends on market mechanisms and the decisions of major oil producers.

Source: The Edge Markets February 28, 2026 11:03 UTC