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 will increase by five sen starting the next day, according to the finance ministry. RON97 will cost RM4.30 per liter, while unsubsidised RON95 will be sold for RM3.82 per liter. Diesel will retail at RM4.72 per liter. The BUDI95 program will maintain the RON95 price at RM1.99 per liter, and the BUDI Diesel initiative will keep diesel at RM2.10 per liter.
Subsidised petrol under the SKPS system will stay at RM2.05 per liter, and subsidized diesel under the SKDS system will retail at RM2.15 per liter. These price changes will remain in place until September 2. The ministry linked the price hike to ongoing disruptions in oil shipments through the Strait of Hormuz, caused by tensions between the US, Israel, and Iran.
The ministry expects petroleum product prices to remain volatile until the conflict in West Asia is resolved and oil flow through the Strait of Hormuz normalizes. The ministry advised the public to use fuel responsibly, plan trips efficiently, and minimize unnecessary travel to conserve fuel supplies and reduce pressure on subsidy spending.
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.