tags - Sinar Daily

The ongoing global supply and energy crisis should not be viewed solely as an oil price issue, but as a broader physical disruption that could gradually affect households through rising costs of living. Photo for illustrative purposes only.

Despite its significant geographical and climatic potential to become the nation's renewable energy (RE) hub or economic hotspot, Kelantan has seen slow adoption of renewable energy technology at the household and small and medium enterprise (SME) levels. Photo for illustrative purposes only - Pixabay

The retail prices of RON97 and unsubsidised RON95 petrol in Peninsular Malaysia decrease by 30 sen and 20 sen to RM4.35 and RM3.72 per litre respectively from June 4 to 10. - Bernama Photo

Prime Minister Anwar Ibrahim stressed that the country’s oil and gas supply remains secure, but rising global fuel prices continue to strain government finances as it maintains the RON95 price at RM1.99 to protect the majority. Photo by Bernama

The government will soon announce additional measures to support those who were out of work due to the global supply crisis. Photo by Bernama

Media practitioners are urging the government to consider a special exemption for RON95 petrol quotas after the monthly reduction to 200 litres is seen as insufficient for fieldwork requirements. - BERNAMA FILE PIX

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the MyKad-based approach has proven effective through the implementation of the RON95 petrol subsidy under Budi Madani RON95 (BUDI95), which is more structured and easier to monitor.

The government is maintaining targeted subsidised fuel prices for the public and specific sectors despite volatility in the global oil market. - Photo by Bernama

Photo for illustration purposes only. - Edited via Canva

Photo illustrated via Canva