◉ HEADLINES

Oil supply

Global oil supply, economic recovery to take time after US-Iran peace deal

Mines in the Strait of Hormuz, repairs to infrastructure damage and vessels anchored for long periods will see slow start to easing supply crisis, says economy minister

Malaysia’s economy shows resilience despite Middle East turmoil: Finance Minister II

Datuk Seri Amir Hamzah Azizan highlights strong 2025 growth and stable domestic demand

◉ Popular

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

Short-lived La Niña expected in early 2026, but stable weather to follow

MetMalaysia forecasts cool conditions and brief shifts in rainfall patterns before returning to normal

Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period