Malaysia's energy supply remains sufficient until the end of July, but agricultural exports are expected to decrease by 13.5% in 2026.
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(1) Malaysia's Economy Minister, Akmal Nasrullah, stated that the state-owned oil company Petronas has assured the National Economic Action Council that despite key material supply disruptions caused by the Middle East conflict, Malaysia's energy supply will remain sufficient until the end of July. (2) The government is currently monitoring commodity prices on a weekly basis and has found no sudden imbalance between electricity supply and demand; the existing backup power capacity is still sufficient to meet current demand growth. (3) The Federal Ministry of Plantation and Commodities expects that exports of agricultural products and major commodities will decline by 13.48% year-on-year to 170.2 billion ringgit in 2026, while imports are expected to decrease by 3.28% to 72.47 billion ringgit.
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