Malaysia's news, around the clock.
US President Donald Trump has ordered an investigation into major oil companies, citing slow progress in reducing gasoline prices. The move comes as geopolitical tensions in the Middle East continue to influence global energy markets.
Iran and the United States have completed a draft framework for temporarily easing sanctions on Iranian oil exports, according to Tehran's negotiating team. The development comes as talks progress under a newly activated peace agreement signed by both nations.
Oil prices fell more than 2% after the US and Iran signed an interim ceasefire agreement, with markets pricing in the prospect of Iranian crude returning to global supplies and the Strait of Hormuz reopening.