Independent Malaysian news, politics and national affairs.
Malaysia's Economy Minister Akmal Nasrullah has cautioned that the renewed closure of the Strait of Hormuz poses serious risks to the nation's economy, warning of potential disruptions across oil prices, shipping costs, raw materials, and food supplies.
An interim agreement between Iran and the United States is enabling blocked oil shipments to resume through the Strait of Hormuz, with three major tankers now departing the congested Gulf carrying five million barrels of crude bound for Asia and beyond.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph32jxng)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph32jxnp)%22%2F%3E%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20text-anchor%3D%22middle%22%20dominant-baseline%3D%22central%22%20fill%3D%22rgba(255%2C255%2C255%2C0.95)%22%20font-family%3D%22Georgia%2C%20'Times%20New%20Roman'%2C%20serif%22%20font-weight%3D%22700%22%20font-size%3D%22136%22%20letter-spacing%3D%22-0.02em%22%3EParliament%3C%2Ftext%3E%3C%2Fsvg%3E)
The Dewan Rakyat convened to discuss the economic ramifications of Strait of Hormuz tensions, measures to strengthen Malaysia's hajj pilgrimage system, and proposals for regulating artificial intelligence technology.