Malaysia Anticipates Higher Subsidy Costs Amid Rising Oil Prices

Deep News

Mar 13

Malaysia's Second Finance Minister Amir Hamzah Azizan stated that the nation's subsidy expenditure is expected to rise due to increasing oil prices resulting from conflicts in the Middle East.

Earlier this week, Prime Minister Anwar Ibrahim affirmed that Malaysia will maintain subsidized prices for its most widely used fuel, despite oil market fluctuations. He noted that the country has sufficient petroleum product reserves to last at least through May. The government plans to keep the price of the lowest-grade gasoline, RON95, unchanged at 1.99 ringgit per liter.

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He noted that the country has sufficient petroleum product reserves to last at least through May. The government plans to keep the price of the lowest-grade gasoline, RON95, unchanged at 1.99 ringgit per liter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DUG","symbol_name":"二倍做空石油与天然气ETF(ProShares)","start_time":0,"source_url":"","article_id":"1120560963","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1120560963","pubTimestamp":1773378452,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Malaysia's Second Finance Minister Amir Hamzah Azizan stated that the nation's subsidy expenditure is expected to rise due to increasing oil prices resulting from conflicts in the Middle East....","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DUG":"二倍做空石油与天然气ETF(ProShares)"},"translate_title":"马来西亚预计油价上涨将导致补贴成本上升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DUG":1},"content_text":"Malaysia's Second Finance Minister Amir Hamzah Azizan stated that the nation's subsidy expenditure is expected to rise due to increasing oil prices resulting from conflicts in the Middle East.\nEarlier this week, Prime Minister Anwar Ibrahim affirmed that Malaysia will maintain subsidized prices for its most widely used fuel, despite oil market fluctuations. 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