From Strait of Hormuz to Your Fuel Tank: Why Petrol Prices in Malaysia Are Rising
The Problem at the Petrol Pump. We have all been there. You pull up to the pump, stick the nozzle in, and watch the numbers on the screen roll up way faster than you’d like. If you have looked at the price boards lately, you know exactly what I am talking about. For the week of April 2 to 8, 2026, unsubsidized RON95 is sitting at RM 3.87 per litre , and diesel in Peninsular Malaysia has climbed to RM 6.02 per litre . Now, if you are an everyday driver qualifying for the targeted BUDI95 subsidy, you are still paying RM 1.99. But the unsubsidized numbers are hard to ignore. It leaves a lot of us asking a very fair question over our morning teh tarik: “Why is this happening right now? Why are we suddenly paying more to get from point A to point B?” Straits of Hormuz. To find the answer, we actually have to look thousands of kilometers away from Malaysia, to a narrow stretch of water called the Strait of Hormuz.