West Asia tensions push unsubsidised fuel prices up 25 sen
MALAYSIA’S unsubsidised fuel prices will rise by 25 sen a litre across the board from Sept 10 to 16, driven by higher global crude oil prices and growing risks to petroleum supplies amid the renewed escalation of the West Asia conflict. Under the Aut...
Malaysia's unsubsidised fuel prices are set to increase by 25 sen per litre from September 10 to 16, according to the Ministry of Finance's Automatic Pricing Mechanism (APM). This adjustment is a direct response to surging global crude oil prices and mounting concerns over petroleum supplies due to the resurfacing tensions in West Asia.
The new prices are as follows: RON97 will be RM4.50 per litre, up from RM4.25; unsubsidised RON95 will be RM4.02 per litre, up 25 sen from RM3.77; and unsubsidised diesel will be RM4.92 per litre, up 25 sen from RM4.67. Diesel prices are particularly affected as refining capacity remains limited and global inventories continue to dwindle.
Despite the price hike, targeted fuel subsidies under the BUDI MADANI program will persist. BUDI95 recipients will still pay RM1.99 per litre for RON95, while BUDI Diesel recipients will continue to pay RM2.10 per litre for diesel, absorbing a significant portion of the price increase. The government will continue to provide subsidised RON95 and diesel to eligible Malaysians through their MyKad, subject to monthly eligibility limits.
Written by urgent.news from The Vibes's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
