Malaysia to Cut Subsidized Petrol Quota Amid Rising Fuel Costs Linked to Iran Conflict

Published: Mar 26, 2026 17:15

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[SMM Aluminum Express News] Malaysia is planning to reduce the subsidized RON95 petrol quota under the Budi95 program from 300 liters to 200 liters per month, with implementation expected as early as April amid rising fuel costs linked to the Iran conflict. Once the quota is exceeded, consumers will pay floating market prices, which are set to rise by 60 cents to RM3.87 per liter starting March 26–April 1. Unsubsidized fuel prices have surged sharply since March 11: RON95 has risen 44.94% to RM3.87, RON97 is expected to jump to RM5.15 (+RM1.90 or 58.46%), and diesel in Peninsular Malaysia will increase to RM5.52 (+RM2.40 or 76.92%) over the same period, marking three consecutive weeks of steep hikes driven by global oil volatility.

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