Uploaded August 2026 | Updated September 2026, 2 weeks ago
Malaysia could face financial and trade risks if ship to ship transfers involving sanctioned Iranian oil continue off its waters, economists said.
The risks are more likely to affect Malaysian companies, banks, ports and shipping firms than the country as a whole.
They could face US secondary sanctions, including restrictions on access to the US financial system.
Economists also warned that further disruptions could push oil prices back towards US$100 a barrel and raise fuel, food and freight costs.
Malaysia could also face reputational risks as the US steps up enforcement against Iran and sanctions evasion.
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Malaysia could face financial and trade risks if ship to ship transfers involving sanctioned Iranian oil continue off its waters, economists said.
The risks are more likely to affect Malaysian companies, banks, ports and shipping firms than the country as a whole.
They could face US secondary sanctions, including restrictions on access to the US financial system.
Economists also warned that further disruptions could push oil prices back towards US$100 a barrel and raise fuel, food and freight costs.
Malaysia could also face reputational risks as the US steps up enforcement against Iran and sanctions evasion.
----------------------------------
#NST #NSTTV
visit us at http://www.nst.com.my
our Facebook facebook.com/nstonline
more news at twitter.com/NST_Online
Instagram instagram.com/nstonline
and also Tiktok tiktok.com/@nstonline
