Malaysian Prime Minister Anwar Ibrahim urges action against misinformation on fuel and electricity prices amid rising global oil costs
Malaysian Prime Minister Anwar Ibrahim has called for immediate action against the spread of misinformation regarding fuel and electricity prices amidst an ongoing rise in global oil costs. In a recent video message, Anwar specifically pointed out that 96 misleading posts identified by the Malaysian Communications and Multimedia Commission are causing public concern and confusion about the country's energy policies. He emphasized the negative impact of such misinformation during "extraordinary circumstances" that the nation is currently facing. Anwar's plea comes as the Malaysian government is spending approximately 4 billion ringgit (about US$993 million) a month to manage the financial strains... [Continue Reading]
UK Sets Maximum Fuel Prices from April 2 to Protect Families from Rising Costs
The UK Ministry of Energy announced binding maximum fuel prices that will take effect from April 2, 2026. Under this policy, petrol grades 95 and 98, as well as diesel, will have strict price limits at 6.23, 6.84, and 7.65 zloty per liter respectively, preventing retailers from charging above these set thresholds. This move is intended to stabilize the national fuel market by reducing VAT and fuel excise taxes alongside the price caps. These measures are designed to directly protect UK drivers and households vulnerable to fluctuating fuel costs amid ongoing global energy price pressures. The policy enforces a consistent... [Continue Reading]
360LiveNews | 01 Apr 2026 16:36
Prime Minister convenes national cabinet to address Australia's fuel crisis and introduce new legislative powers for fuel delivery
This morning, Prime Minister Anthony Albanese convened a national cabinet meeting with state and territory leaders to address the growing fuel crisis in Australia. The meeting aims to establish a cohesive response amid surging petrol prices and concerns over supply disruptions triggered by recent geopolitical tensions, particularly related to the ongoing conflict affecting fuel imports. As part of the government's strategy, new legislative powers will be introduced today allowing the federal government to underwrite the delivery of additional fuel shipments. Albanese announced this legislative move over the weekend as part of the government's response to the escalating prices due to... [Continue Reading]
