PM Warns Middle East Conflict Could Drag But Quick To Assure Nation’s Stable Position
Prime Minister Datuk Seri Anwar Ibrahim has warned that the ongoing Middle East conflict is expected to face a prolonged recovery period. However, he reassured citizens that Malaysia enters this challenging phase from a position of relative economic stability.
In a video message released today, the Prime Minister noted that the escalating tensions have begun to disrupt global supply chains, particularly in the energy sector, with the impact now being felt worldwide.
Despite the global turmoil, Anwar highlighted that Malaysia has managed to maintain stability in domestic fuel prices, specifically pointing to RON95 remaining at RM1.99 per litre.
“It is surprising when you look at the cost and oil prices elsewhere, where people have to queue and endure rationing in certain countries within that region… it is certainly distressing,” Anwar said. “We should be grateful that we are entering this phase in a relatively more stable economic condition, allowing us to endure the impact.”
However, he cautioned against complacency, stating that while the current situation offers some relief, the government must remain vigilant as the crisis evolves.
The Prime Minister shared that his assessment follows extensive discussions with several key regional leaders, including the President of Iran and the leadership of Saudi Arabia, Turkiye, Egypt, and the Gulf nations. He also recently held a brief meeting with Indonesian President Prabowo Subianto.
According to Anwar, the consensus among these leaders is that the situation is likely to worsen before any meaningful recovery begins.
“All of them stated that the situation will become more severe before it can be restored, and it will certainly take a much longer time to resolve,” he added.
Addressing the domestic front, the Prime Minister called on the nation’s high-income earners and those in positions of power to show greater empathy and support for the vulnerable.
“I urge those who are well-off and in high positions—do not be indifferent. Show concern and help those who are being squeezed by these pressing circumstances,” he urged.
