Malaysia steps up enforcement to curb fuel smuggling amid Mid-East tensions

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KUALA LUMPUR – Enforcement and monitoring at Malaysia’s borders will be stepped up to curb fuel smuggling, following the rise in global oil prices due to tensions in the Middle East, the Malaysian authorities said.

Domestic Trade and Cost of Living Minister Armizan Mohd Ali said his ministry would intensify Ops Tiris to ensure fuel supplies are not smuggled out to neighbouring countries.

“Global oil prices have risen significantly now, exceeding US$100 per barrel (as of March 9). The risk of smuggling will remain as industrial prices will increase in line with market prices.

“When compared with fuel prices in neighbouring countries that do not have subsidies, there is a fairly high tendency for smuggling to occur. That is why we will strengthen our enforcement,” he said at a press conference.

Tensions in the Middle East have escalated since Feb 28 after the US-Israel attack on Iran, followed by retaliatory strikes by Tehran against US interests in Gulf countries.

Prime Minister Anwar Ibrahim had said the government would do its utmost to maintain the price of RON95 petrol at RM1.99 (65 Singapore cents) per litre so that it does not burden the people.

Separately, Mr Armizan said the public should not engage in panic buying of essential goods over concerns the conflict could affect imports, as supply, particularly for the upcoming Hari Raya Aidilfitri festive season, is sufficient.

His ministry would work closely with Agriculture and Food Security as well as the Investment, Trade and Industry ministries to identify alternative sources of supply should any exporting countries suspend exports due to the conflict, Bernama reported.

“I would like to assure the public they need not worry and don’t engage in panic buying, as the supply of essential goods for the festive season is sufficient and already available,” he said. THE STAR/ASIA NEWS NETWORK