RON97 naik 10, RON95 tanpa subsidi naik 15 sen

The prices of petrol RON97 and RON95 without subsidies will rise by 10 sen and 15 sen respectively nationwide starting tomorrow according to the Finance Ministry. RON97 will be priced at RM4.25 per liter compared to RM4.15 previously, while RON95 without subsidies will increase from RM3.77 to RM3.92 per liter. Diesel without subsidies will also see a rise from RM4.47 to RM4.67 per liter.

These new prices will be in effect until August 26. Meanwhile, subsidized fuel prices remain unchanged; RON95 under the BUDI95 subsidy will stay at RM1.99 per liter and diesel through BUDI Diesel will continue at RM2.10 per liter. The fuel subsidies for the Subsidized Petrol Control System and Subsidized Diesel Control System will also remain unchanged at RM2.05 per liter and RM2.15 per liter respectively.

The Finance Ministry noted the ongoing geopolitical instability increasing the risk to global crude oil prices and supplies. Following the 172-day conflict between the United States, Israel, and Iran, the ongoing traffic bottleneck in the Strait of Hormuz continues to impact global crude oil supplies. Meanwhile, the Russia-Ukraine conflict further puts pressure on global petroleum supplies.

The prolonged uncertainty could have a deeper impact on global petroleum supplies. The government aims to protect the people and businesses from the adverse effects of this global tightening as soon as possible. The Ministry urges the public to practice fuel conservation, plan travel more efficiently, and reduce unnecessary travel to help prolong the country's supply and reduce pressure on subsidy expenditure.