Stopping exports is ‘last resort’ - News Summed Up

Stopping exports is ‘last resort’


Govt preparing for all possible outcomes of Middle East conflict, says DPMPETALING JAYA: Halting general petroleum exports will be the last resort of the government if the ongoing Middle East conflict worsens, says Datuk Seri Fadillah Yusof. The Deputy Prime Minister said this was because PETRONAS has existing commitments. “Stopping exports will be the last resort because we are still bound by agreements,” said Fadillah when met by reporters during an event at Samariang in Kuching yesterday. On Monday, Brent crude oil price surged past US$110 (RM432.60) per barrel, the highest increase in decades. Anwar has said that if the Middle East conflict persists until the end of the year, RON95 ­subsidies alone could add up to RM24bil by the year’s end.


Source: The Star March 15, 2026 00:35 UTC



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