KUALA LUMPUR: The Malaysian government will have to chalk in a higher crude oil price assumption of around US$90 per barrel for the 2027 Budget, given the latest development in the Middle East, with Iran and its proxy the Houthis are involved in a tit-for-tat attacks against the United States’ assets and Saudi Arabia, putting the already precarious situation even dire.
NST10 Sep, 2026 08:03am - 47 minutes