Malaysia and global market summary for April 2026. Global Markets Overview Global growth in 2026 is expected to remain steady at around 3%, though uneven across regions. In the last month, geopolitical tensions in the Middle East escalated, affecting key oil supply routes through the Strait of Hormuz where ~20% of global oil supply passes.  This led to a sharp spike in oil prices, with Brent crude reaching a peak of USD 119 per barrel. A short-term 2 week ceasefire announced

This is a news regarding BUDI95: A New Chapter in Malaysia’s Fuel Subsidy System