ESCALATING geopolitical tensions in the Middle East have pushed up Malaysia’s unsubsidised RON95 and diesel prices for the coming week, with the government citing higher global crude oil prices and shipping risks as the key factors behind the increase.
The Ministry of Finance (MOF) announced that the unsubsidised retail price of RON95 will increase by five sen to RM3.42 per litre, while unsubsidised diesel will rise by 10 sen to RM4.07 per litre for the period from July 16 to July 22.
The price of RON97 remains unchanged at RM4.00 per litre.
For the period from July 16 to July 22, the unsubsidised retail prices are fixed at RM4.00 per litre for RON97, RM3.42 per litre for RON95 and RM4.07 per litre for diesel.
Subsidised fuel prices under the MADANI assistance programmes remain unchanged.
Eligible Malaysians under the BUDI MADANI RON95 (BUDI95) programme will continue to purchase RON95 at RM1.99 per litre using MyKad, subject to their eligibility and monthly quota.
Eligible beneficiaries under the BUDI MADANI Diesel programme will continue to pay RM2.10 per litre, while diesel under the Subsidised Diesel Control System (SKDS) remains priced at RM2.15 per litre.
The Subsidised Petrol Control System (SKPS) price also remains unchanged at RM2.05 per litre.
MOF, in a statement today, said fuel prices are likely to remain volatile until the geopolitical conflict reaches a definitive resolution. Despite the global price increases, the government said Malaysia’s domestic fuel supply remains adequate and secure – July 15, 2026
