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Bekalan bahan api Malaysia stabil tapi harga kekal naik 2 hingga 3 tahun

Penasihat Ekonomi Perdana Menteri Nurhisham Hussein berkata kerajaan yakin negara ini akan peroleh bekalan mencukupi sehingga akhir tahun.

Bekalan bahan api Malaysia stabil tapi harga kekal naik 2 hingga 3 tahun

Malaysia's fuel supply remains robust despite a global shortage, according to Prime Minister's Economic Advisor Nurhisham Hussein. The economy's top adviser stated that while global supplies are low, the nation expects to have sufficient fuel until the end of the year. However, the outlook for fuel prices remains uncertain due to geopolitical tensions and disruptions to major shipping lanes.

Although Malaysia is a major exporter of liquefied natural gas (LNG), the country is still a major importer of crude oil. The global oil supply crisis, triggered by conflict in the Middle East last February, shows no signs of abating with ongoing tensions between the United States and Iran. Most countries are likely to rebuild their oil reserves only when prices return to more reasonable levels around US$80 a barrel, Nurhisham said.

This slow rebuilding of reserves by countries will likely result in a continued high price for oil over the next two to three years. While not a dramatic increase, prices are expected to keep rising. Regarding fuel, the current situation remains stable, the adviser added during a media briefing on the recent global supply crisis.

The Suez Canal and Bab-el-Mandeb remain open despite ongoing threats, while damage to Russian infrastructure and US restrictions on Iranian oil exports are among the factors that could further strain global oil supplies. Ultimately, a shortage of reserves will eliminate one source of supply, adding to uncertainty in the global energy market.

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.

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