Prime Minister Datuk Seri Anwar Ibrahim said the price of RON95 petrol remains under control for now despite the conflict in the Middle East.

SEPANG: Prime Minister Datuk Seri Anwar Ibrahim said the price of RON95 petrol remains under control for now despite the conflict in the Middle East and that the government will continue to monitor the situation in the region.

Anwar, who is also Finance Minister, however, urged all segments of society to practise prudence in spending and to keep abreast of the latest developments in the conflict-hit region.

“In the current situation, it appears to still be under control, but we know that more than 200 oil and gas vessels are stuck in the Strait of Hormuz. This will certainly affect business, as well as transportation costs because longer routes have to be used.

“So far, as I announced, we will try to keep prices under control, including RON95 at RM1.99 (per litre). For now, we can still hold out, but the early signs are not very good or reassuring,” he told reporters after performing Friday prayers with about 1,000 congregants at Musolla IOI City Mall here today.

Anwar also urged Malaysians not to take the conflict lightly as it could also have an impact on the country’s economy.

 The Sun Malaysia