Prime Minister Anwar Ibrahim is embarking on a working visit to Russia starting tomorrow to hold discussions with President Vladimir Putin, with a primary focus on safeguarding the nation's energy resources. The trip will include meetings between ASEAN leaders and Russian officials, providing an opportunity to address Malaysia's fuel security needs.

Anwar stressed that maintaining consistent oil and diesel shipments to Malaysia represents a critical component of the government's economic strategy. During remarks at a gathering in Muar, he highlighted the importance of cultivating strong international partnerships to ensure uninterrupted energy flows. Malaysia's competitive domestic fuel pricing, with RON95 remaining at RM1.99 per litre, reflects successful economic stewardship and diplomatic engagement, he noted.

Geopolitical instability in the Middle East presents a significant challenge to regional energy stability. Recent military actions involving Israel and the United States against Iran have raised concerns about potential disruptions to the Strait of Hormuz, a vital shipping lane for global oil transport. Should the strait face closure, Malaysia would face direct economic consequences through elevated global petroleum costs.

According to information received from Pakistan's Prime Minister, diplomatic efforts may yield a resolution to the conflict by Friday, which could avert supply route complications. Anwar emphasised that any sustained blockade of the Strait of Hormuz would inevitably drive up domestic petrol prices and destabilise the economy. Oil prices have already begun moderating slightly in recent days.

The Prime Minister's Russia visit underscores Malaysia's commitment to diversifying energy partnerships and protecting long-term fuel security in an increasingly volatile global landscape.