PM to seek Dewan Rakyat backing for a resolution denouncing US-supported strike

Anwar says Putrajaya will cushion impact of Strait of Hormuz disruptions, rising Brent prices on consumers

PUTRAJAYA, April 16 — Ongoing tensions in the Middle East, with the potential for further escalation, are poised to drive crude oil prices higher — a development that could significantly benefit net-exporting oil-producing countries, according to economists.

KUALA LUMPUR, Oct 21 — The ringgit is expected to trade sideways next week as the ongoing geopolitical tension in the Middle East remains a crucial factor for the currency market, an economist said.