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Developments in Southeast Asia highlighted regional concerns over global energy markets and trade policies. In Malaysia, a government report warned that a projected decline in oil prices could reduce the country's petroleum revenue by approximately 4 billion ringgit in 2026. Separately, Vietnam expressed concern about a U.S. plan to impose tariffs on countries that supply oil to Cuba.
3 topics | 15 sources
2 topics | 23 sources
Feb 3 — Feb 22
Oil price changes and trade policies affect government revenue in Southeast AsiaTwo separate developments in Southeast Asia show how global oil markets and trade policies can impact government finances. In Malaysia, a government report warns that a projected decline in oil prices could reduce the country's petroleum revenue by about 4 billion ringgit in 2026. Meanwhile, Vietnam has expressed concern about a U.S. plan to impose tariffs on countries that supply oil to Cuba.