RON97, unsubsidised RON95, diesel up 25 sen
These prices will be in effect until Sept 16.
The Malaysian finance ministry announced price hikes for RON97 petrol, unsubsidised RON95 and diesel, effective tomorrow. RON97 will cost RM4.50 per litre, unsubsidised RON95 will be RM4.02 per litre, and diesel will rise to RM4.92 per litre. Despite the increase, BUDI95 scheme keeps RON95 subsidised at RM1.99 per litre, and diesel remains at RM2.10 per litre under the BUDI Diesel initiative.
Subsidised petrol under SKPS stays at RM2.05 per litre, while subsidised diesel under SKDS will cost RM2.15 per litre. These new prices will last until September 16. The ministry cited a significant rise in global crude oil prices due to US-Iran tensions and potential disruptions in the Strait of Hormuz. Global refined petroleum markets were also tight.
Despite this, the government pledged to shield citizens and businesses from global uncertainty by maintaining targeted BUDI Madani subsidies for eligible consumers. Starting September 1, the monthly BUDI95 and BUDI Diesel quota was raised back to 300 litres from 200 litres. Diesel-powered pickup trucks and four-wheel-drive vehicle owners will also receive an extra 100 litres, bringing their monthly allowance to 400 litres.
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.
