Brent crude oil futures have surged amid escalating conflict in the Middle East, almost hitting US$110 a barrel before easing on hopes of de-escalation. Dr Afzanizam Abdul Rashid, Chief Economist at Bank Muamalat Malaysia shares his insights into the impact of oil prices on Malaysia's fiscal position and Putrajaya's ability to continue providing subsidies.

<p>Brent crude oil futures have surged amid escalating conflict in the Middle East, almost hitting US$110 a barrel before easing on hopes of de-escalation. Dr Afzanizam Abdul Rashid, Chief Economist at Bank Muamalat Malaysia shares his insights into the impact of oil prices on Malaysia's fiscal position and Putrajaya's ability to continue providing subsidies.</p>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

<p>Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.</p>