The front page of Malaysia's Xin Zhou Daily reports that Prime Minister Dato' Seri Anwar announced, as a temporary measure in response to the situation in the Middle East, the government will reduce the monthly quota for subsidized BUDI95 petrol from 300 liters to 200 liters starting April 1. However, the price after subsidy for RON95 will remain at RM1.99 per liter. It is stated that 90% of Malaysians consume less than 200 liters per month. He noted that according to statistics, the average consumption per person is around 100 liters, with approximately 90% of citizens using less than 200 liters monthly—thus, this adjustment will not significantly affect the majority of people.
During a 14-minute live broadcast tonight, Anwar delivered a special address outlining strategic national measures formulated in response to the Middle East situation, stating that the government made this announcement after comprehensively assessing the impacts on global energy supply, disruptions in oil and gas supply, and mounting price pressures.
He explained that the escalating tensions in the Middle East—particularly the blockage of the Strait of Hormuz and intensifying conflicts—have disrupted global oil and natural gas supplies, triggering ripple effects across countries, including Malaysia. “We cannot assume we are completely immune. Food supply, fertilizers, and oil and gas prices could all be affected. Therefore, proactive measures must be taken.” He emphasized that the government is adopting a more comprehensive strategy: ensuring stable supply while simultaneously encouraging more restrained and prudent demand.
Original source: toutiao.com/article/1860773703536652/
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