ISKANDAR PUTERI, June 19 -- Prime Minister Datuk Seri Anwar Ibrahim said the government would not raise the price of RON95 petrol following the increase in global oil prices and the ongoing conflict between Iran and Israel.
He said the decision was taken because of its impact on the people and the country's economy.
"Price fluctuations for oil are a common feature, but the latest spike was particularly abrupt and was triggered by the recent Israeli military assault on Iran.
"Previously, oil prices were low, but the increase this time has been quite sharp. The recent price hike is partly due to increased demand and also contributes to national revenue," he told reporters after attending a close-door Johor PKR leadership event held at th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.