KUCHING: The prolonged conflict in the Middle East is expected to be felt by Malaysians within the next two months, driven by rising fuel, logistics and insurance costs that may place upward pressure on market prices.

Deputy Prime Minister Datuk Amar Fadillah Yusof said even if peace efforts or a ceasefire are achieved, restoring global energy supply will take considerable time due to extensive damage to oil and energy infrastructure.

“That is why the cost of petrol, diesel, fuel and air travel will rise, and we will eventually feel the impact as logistics and insurance costs also increase.

“The effects may be felt within the next two months. For now, existing domestic stock remains sufficient, but incoming supplies will reflect new pricing,” he said.

He said this when speaking at the Jihad Bisnes 2026 programme at the Mutiara Hall, Tinggian Demak on Monday.

In this regard, Datuk Amar Fadillah said the government is exploring the most effective measures, including assistance for the business community, particularly small and medium enterprises (SMEs), to help them adjust operations amid rising costs.

The Minister of Energy Transition and Water Transformation explained that the government’s immediate priority is to ensure the continued availability of essential goods, including fuel supply and stable electricity, as any disruption to energy supply would have far-reaching implications for the public, businesses and the national transport system.

"So that's why we have to understand, at the same time we have to be prepared, make plans so that we too, whatever happens, will know how to overcome and deal with the situation," he said. -UKASnews

Prepared By: Ahmad Daniel Faiz
Translator: Nerissa Sia