LATEST NEWS   The official BUDI MADANI portal has received more than 18,000 applications for the additional 100-litre monthly quota for diesel vehicle owners as of 10 pm today - Finance Minister II | More than 40,000 transactions have been recorded as of the second day of the early access phase of BUDI Diesel - Finance Minister II | 

There are 5 news based on search keyword " strait of hormuz."

CPO Futures Close Lower Amid Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking weaker crude oil prices, according to a trader.

Bursa Malaysia Seen Trading Range-bound Next Week Amid Geopolitical Uncertainties

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia is expected to trade in a range-bound mode next week as investors continue to monitor developments in the US-Iran nuclear negotiations and assess the sustainability of the recently announced peace agreement.

Oil Prices To Retain US$5-US$10 Risk Premium Per Barrel Despite US-Iran MoU -- Rystad Energy

KUALA LUMPUR, June 16 (Bernama) -- Crude oil prices are expected to retain a residual geopolitical risk premium of between US$5 and US$10 per barrel despite the virtual signing of the United States (US)-Iran memorandum of understanding (MoU), said Rystad Energy.

SMR 20 Hits Nine-year High On Tight Supply, EV Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 16 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, leading to Standard Malaysian Rubber 20 (SMR 20) reaching its highest level in the past nine years, said a dealer.

Ringgit Opens Higher Against US Dollar On Fed Rate Hold Expectations

KUALA LUMPUR, June 16  (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.