Malaysia Secures Fuel Supply Through End of July

AI Summary

Malaysia's state energy company Petronas has assured that the country has secured sufficient fuel supplies through the end of July. This comes amid severe disruptions in oil markets affecting Southeast Asia, while power reserves are adequate to meet increased electricity demand.

Malaysia has secured its fuel supply until the end of July, state energy firm Petronas has assured the economy ministry, as Southeast Asia is reeling from the worst supply disruption in the history of oil markets. Malaysia's Economy Minister Akmal Nasir told a regular briefing on Monday that one of Southeast Asia's biggest economies has secured energy supplies through the end of July and power reserves are enough to meet the current surge in electricity demand. "Petronas has given its assurance that the country's oil supply stock is sufficient…