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Malaysia is studying the establishment of a national petroleum reserve to bolster energy security in response to global geoeconomic fragmentation, regional conflicts, and supply chain vulnerabilities affecting critical resources.
An economist has cautioned that Malaysia's proposed petroleum reserve should not stand alone but form part of a comprehensive economic security strategy encompassing food, critical minerals, semiconductors and digital infrastructure to build genuine resilience.
Malaysia's decision to study establishing a national petroleum reserve reflects growing urgency to shield the economy from recurring geopolitical disruptions threatening global energy supply chains, analysts say.