Sharp, essential news and analysis from Malaysia.
Oil prices climbed Friday despite broader weekly losses as fresh doubts emerged over a US-Iran peace agreement following cancelled Swiss negotiations and escalating Israeli operations in Lebanon.
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Prime Minister Anwar Ibrahim has expressed appreciation for Russian President Vladimir Putin and Chinese President Xi Jinping's public condemnation of the Gaza situation and Iran's military operations, reflecting Malaysia's diplomatic balancing act.
Prime Minister Anwar Ibrahim has voiced optimism about prospects for a US-Iran peace agreement, citing positive signals from mediators Pakistan and Russia during the ASEAN-Russia Commemorative Summit in Kazan.
Iran and the United States have officially signed a 14-point memorandum of understanding targeting conflict resolution, with negotiations on nuclear issues and sanctions relief set to commence within 60 days.