Oil won’t go below $90, higher fuel prices are here to stay, and your electricity bill is about to go up.

While Malaysia is an oil-producing nation, we now buy more oil than we consume, a reality brought into sharp focus as 40% of our fuel supply depends on the now-paralyzed Strait of Hormuz. So, what does that mean for us on the ground? UOB Senior Economist Julia Goh joins the show to unpack this, as well as explore Malaysia’s "net importer" status, the forecasted June hike to electricity costs, and why even a ceasefire won't return oil to the $60 lows of the past.

Tune In To Find Out:

The 2015 Crossover: Why Malaysia’s transition to a net oil importer a decade ago is only now hitting the headlines.

The RM84 Billion Bill: A breakdown of how high global prices have driven the fuel subsidy to nearly double the previous national estimates.
The Strait of Hormuz Factor: Why 40% of Malaysia’s imported oil is currently at risk due to Middle Eastern supply route paralysis.
The Petronas Paradox: Why higher oil prices don't equal bumper profits when refining costs and insurance premiums have doubled.
Electricity Bill Shock: Why the Automatic Fuel Adjustment Mechanism (AFAM) is forecasted to flip to a surcharge in June.
The 200L Quota: Assessing the government’s first move to reduce fuel subsidy quotas and its impact on consumer sentiment.
Sectoral Margin Stress: Why energy-intensive industries like manufacturing, logistics, and tourism are reaching a breaking point.
Inventory Front-Loading: The "Butter Buffer", how businesses are using working capital to stock up before the next price hike.
The Fiscal Cushion: How Malaysia's reduction of the deficit to 3.7% provides a temporary shield against global recession risks.

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