Malaysia to reduce price of subsidised diesel

Published June 22, 2026 Updated June 22, 2026 09:22am

Malaysia’s Prime Minister Anwar Ibrahim has said that his government will reduce the prices of subsidised diesel from next month onwards, citing progress made in negotiations to end the war on Iran, AFP reports.

“I announced the targeted subsidised diesel, not to increase but to decrease the price of diesel even though the situation is uncertain,” Anwar said on Sunday, according to Malaysia’s Star Newspaper.