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A digital display shows the price of petrol at a Shell petrol station in Muenster on April 1, 2026. Oil and natural gas prices have surged since the end of February 2026, when the United States and Israel began attacking Iran, plunging the Middle East into turmoil. — AFP pic

As fuel prices surge, Austria, Italy, Germany, Portugal and Spain moot windfall tax on energy companies

The eight-strong V8 (Voluntary Eight) group in the alliance, which includes top oil producers Saudi Arabia and Russia —as well as several Gulf states who have been hit by Iran’s retaliatory airstrikes — are to decide whether to increase production as prices rise. — AFP pic

Opec+ to discuss oil production rise as Iran war weighs on markets

South Korean Finance Minister Koo Yun-cheol met with ambassadors from the six GCC countries in Seoul on Friday at the residence of the United Arab Emirates (UAE) ambassador to discuss economic cooperation, according to the Ministry of Economy and Finance. — Reuters pic

Seoul calls on Gulf states to secure oil and raw material supply as Middle East conflict drags on

One of its European hubs is what Germany’s DHL calls its health logistics campus near Frankfurt, dedicated to ensuring drugs and other crucial medical products reliably get to where they’re needed.— File pic

Pharmaceutical logistics boom as DHL moves to secure medicine supply chains amid global turmoil

Captain Nasaruddin A Bakar, said the airline group is navigating a challenging operating environment marked by rising fuel prices and geopolitical uncertainties, which have significantly increased cost pressures across the aviation industry. — Picture by Raymond Manuel

Rising fuel prices prompt MAG to adopt quarterly hedging while expanding in China, India

Motorists queue to pump gasoline into their vehicles at a gas station in Hanoi on March 10, 2026. — AFP pic

Vietnam posts 7.83pc Q1 growth despite Middle East war driving fuel costs higher

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Malaysia's Leading Luxury Watch & Jewellery Retailer Honoured with Prestigious Royal Warrant

US streaming giant Netflix faces potential class action over subscription hikes in Italy. — Reuters pic

Italian consumers could get back €500 each after court strikes down Netflix contract clauses 

A construction worker works at a new house being built in Alhambra, California. The US economy posted unexpectedly strong job gains in March, data showed on April 3, 2026, in a development hailed by US President Donald Trump — but seen with caution by analysts. — AFP pic

US jobs bounce back in March — but economists aren’t celebrating just yet

Analysts said the market has stabilised after recent sell-offs but lacks strong momentum for a rebound. — Picture by Zuraneeza Zulkifli

Analysts: Bursa Malaysia seen range-bound next week as Middle East tensions cap gains

The ringgit is expected to trade between 4.00 and 4.05 against the US dollar next week amid global uncertainties. ― Bernama pic

War jitters and US Fed pause to keep ringgit on the back foot next week, say analysts

Petronas president and group CEO Tan Sri Tengku Muhammad Taufik Tengku Aziz said efficient energy use is the first line of defence against global supply uncertainties. — Picture by Ahmad Zamzahuri

Petronas president: ‘Efficiency is the first fuel’ in tackling energy crisis

Petronas president and group CEO Tan Sri Tengku Muhammad Taufik Tengku Aziz said the move is part of ‘no-regret’ measures to manage rising geopolitical risks. — Bernama pic

Petronas cuts planning horizon to 45 days to tackle energy supply risks, says president

President and group CEO Tan Sri Tengku Muhammad Taufik Tengku Aziz said rising oil prices also drive up costs across upstream, midstream and downstream operations. — Picture by Miera Zulyana

Oil at US$120? Petronas says it’s not the profit surge many think

Petronas president and group CEO Tan Sri Tengku Muhammad Taufik Tengku Aziz said global oil prices have risen alongside sharp increases in shipping and insurance costs amid conflict in the Middle East. — Picture by Sayuti Zainudin

Not just supply and demand — Petronas says shipping and insurance are pushing oil prices up

Petronas president and group CEO Tan Sri Tengku Muhammad Taufik Tengku Aziz said Malaysia imports about 40 per cent of its crude oil through the Strait of Hormuz, far lower than regional peers. — Bernama pic

Malaysia has more breathing room on oil — but prices will still bite, says Petronas