Understanding the oil crisis

The Iran war may seem far away, but its biggest impact is already being felt through rising oil prices and tighter supply. Energy is not just about fuel. When supply is disrupted, prices increase, subsidies rise, and pressure builds on both the government and households. Our Chairman, Dr. Nungsari A Radhi highlighted how the war is causing both higher costs and potential shortages, meaning the effects can last even after the conflict ends. The situation shows why managing fuel use and making careful trade-offs is important as Malaysia navigates this period of global uncertainty. Catch the full discussion on @astroawani YouTube channel here: https://www.youtube.com/watch?v=57lf9iIn7TY&t=132s #KhazanahResearchInstitute #KRI #AdvancingMalaysia #iranisraelWar #energycrisis