{
  "id": 3495229,
  "title": "MOF: Hormuz crisis drives up unsubsidised fuel prices",
  "url": "https://urgent.news/2026/08/26/mof-hormuz-crisis-drives-up-unsubsidised-fuel-prices",
  "topic": "world",
  "section": "World",
  "published": "2026-08-26T11:05:00.000Z",
  "source": {
    "name": "The Vibes",
    "slug": "the-vibes",
    "url": "https://www.thevibes.com/articles/news/126616/mof-hormuz-crisis-drives-up-unsubsidised-fuel-prices"
  },
  "original_language": "en",
  "account": "Malaysia's Ministry of Finance announced today that unsubsidised petrol prices will increase by five sen per litre, effective Wednesday. This comes as global crude oil prices, particularly Brent crude, remain high, above US$90 a barrel, due to ongoing disruptions in oil flows through the Strait of Hormuz and geopolitical tensions. The increase is set to take effect from August 27 to September 2, with RON97, currently priced at RM4.25, rising to RM4.30 per litre, RON95 increasing from RM3.77 to RM3.82, and diesel going from RM4.67 to RM4.72 per litre. Subsidised prices for BUDI95 and BUDI Diesel users remain unchanged, at RM1.99 and RM2.10 per litre respectively. However, diesel prices under the Subsidised Diesel Control System (SKDS) continue to stay at RM2.05 and RM2.15 per litre. Eligible BUDI MADANI RON95 recipients will still receive a subsidy of RM1.83 per litre, and eligible BUDI MADANI Diesel users will receive RM2.62 per litre. Malaysians eligible for these subsidies can continue purchasing subsidised RON95 and diesel using their MyKad.",
  "summary": "MALAYSIA will raise the prices of unsubsidised RON95, RON97 and diesel by five sen a litre from Wednesday, as the prolonged disruption to oil flows through the Strait of Hormuz and continuing geopolitical tensions intensify pressure on global petrole...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}