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Economics2h 34m ago

The FBM KLCI edged towards the 1,700 psychological resistance amid a surge in crude oil prices as the US said it would reinstate a blockade of the Strait of Hormuz, casting fresh energy supply fears.

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Kuala Lumpur

Who
US
What
The FBM KLCI edged towards the 1,700 psychological resistance amid a surge in crude oil prices as the US said it would reinstate a blockade of the Strait of Hormuz, casting fresh energy supply fears.
When
Tue, 14 Jul 2026 01:14:00 GMT · 2h 34m ago
Where
Kuala Lumpur ·
Why
The US announced it would reinstate a blockade of the Strait of Hormuz, leading to fears of energy supply disruptions.
The Frontline Impact

How this affects you

Global economic outlook is clouded by fears of energy supply disruptions due to the US blockade of the Strait of Hormuz. The FBM KLCI index is holding near the 1,700 level amidst these concerns.

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