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Prime Minister Anwar Ibrahim has secured strategic energy agreements with Russia and Turkmenistan, guaranteeing Malaysia's oil and gas supplies for at least 20 years and providing access to some of the world's largest gas reserves.
Oil prices edged higher Friday as prospects for a lasting US-Iran ceasefire dimmed following cancelled Swiss peace talks and intensified Israeli operations in Lebanon, creating fresh volatility in global energy markets.
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Prime Minister Anwar Ibrahim has secured a Russian commitment to guarantee Malaysia's long-term supplies of petroleum products, crude oil, and natural gas, strengthening bilateral energy ties between the nations.
Prime Minister Anwar Ibrahim's visit to the ASEAN-Russia Commemorative Summit in Kazan has yielded commitments from Moscow to guarantee Malaysia long-term supplies of petroleum, oil and gas through multi-year agreements, addressing the nation's energy security concerns.
Oil tankers resumed transit through the Strait of Hormuz after the US lifted its blockade on Iran as an interim peace deal took effect. Oil prices fell to their lowest levels since the conflict began, though critical issues remain unresolved between Washington and Tehran.
Prime Minister Anwar Ibrahim and Russian President Vladimir Putin have discussed deepening bilateral cooperation, with energy security and local-currency trade emerging as key priorities in their talks.
Prime Minister Anwar Ibrahim thanked Russian President Vladimir Putin for backing energy cooperation between Malaysia and Petronas, signalling deepening ties as the nation navigates geopolitical realignments in the region.
Philippine President Ferdinand Marcos Jr has departed for Kazan, Russia, to lead Asean participation in a commemorative summit with President Putin, marking 35 years of regional ties and 50 years of Philippine-Russian diplomatic relations.
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Prime Minister Anwar Ibrahim held extensive discussions with international media in Kazan on strengthening Asean-Russia relations, addressing energy security concerns, and exploring cultural synergies between the two regions.
Thailand's PM Anutin Charnvirakul has welcomed reports of a US-Iran ceasefire, stating that resolution of West Asian tensions would benefit the global economy and help stabilize energy prices critical to Thailand's development.
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Prime Minister Anwar Ibrahim is travelling to Russia to meet President Vladimir Putin and secure Malaysia's fuel supply. The visit aims to ensure continuity of oil and diesel imports while addressing regional energy security concerns.