RON97, unsubsidised RON95 and diesel up by 5 sen
These prices will be in effect until Sept 2.
Pricing for RON97 petrol, unsubsidised RON95 and diesel in Malaysia will increase by 5 sen from the following day, according to the finance ministry. RON97 will be sold at RM4.30 per litre, while unsubsidised RON95 will be priced at RM3.82 per litre. Unsubsidised diesel will be sold at RM4.72 per litre. Currently, RON95 under the BUDI95 scheme is sold at RM1.99 per litre, and diesel under the BUDI Diesel initiative is priced at RM2.10 per litre.
Subsidised petrol under the SKPS system will stay at RM2.05 per litre, and subsidised diesel under the SKDS system will be sold at RM2.15 per litre. These new prices will be enforced until September 2. The ministry cited ongoing disruption to oil traffic through the Strait of Hormuz, caused by the conflict between the US, Israel, and Iran, as the reason for the price hike.
They anticipate that petroleum product prices will continue to fluctuate significantly as long as the conflict in the West Asia region persists and the flow of petroleum through the Strait of Hormuz does not return to normal. The ministry advised the public to continue using fuel responsibly, plan journeys efficiently, and minimize unnecessary travel to conserve the nation's fuel supply and lessen the strain on subsidy expenditure.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
