Petronas supplies about 50% of the country’s fuel needs through its public-listed subsidiary, Petronas Dagangan Bhd, with the balance supplied by other oil firms operating in Malaysia. KUALA LUMPUR: Petronas is in the final stages of securing Malaysia’s next phase of fuel supply amid the ongoing gl»»»

KUALA LUMPUR, April 18 — Malaysia produces crude oil, but it still relies heavily on imports to meet domestic fuel demand that is nearly double local output, while global supply disruptions are also pushing up costs across the oil supply chain. The situation reflects both structural supply gaps at »»»

CYBERJAYA: The first of seven vessels has arrived in Malaysia from the Strait of Hormuz, with another nearing local waters, says Datuk Seri Anwar Ibrahim. The Prime Minister added that the government would continue to monitor other vessels that have been given approval to traverse the straits. "Ira»»»

Follow our live coverage here. KUALA LUMPUR – Malaysian tankers allowed to sail through the Strait of Hormuz will not be subject to a toll imposed by Iran, according to Transport Minister Anthony Loke. “The Iranian ambassador has mentioned that no toll is being imposed on Malaysian vessels,” Mr Lok»»»