KUALA LUMPUR: Malaysia has a moderate exposure to the ongoing United States-Iran conflict, and the situation is manageable from a macroeconomic standpoint, supported in part by its position as a net oil and gas exporter, said an economist.
Universiti Teknologi MARA (UiTM) Faculty of Business and Management senior lecturer Dr Rabiatul Munirah said Malaysia has a partial buffer when global oil prices rise, as energy exports contribute significantly to fiscal revenue, particularly through PETRONAS and related upstream activities.
