Budget cuts as strategic prudence: Malaysia in the shadow of Hormuz uncertainty - Phar Kim Beng
Kuala Lampur, April 30 -- The global economy is no longer guided by predictable rhythms.
It is shaped by uncertainty - deep, structural, and often beyond the control of any single nation.
The escalating tensions around the Strait of Hormuz exemplify this new reality.
With Donald Trump affirming that a blockade posture against Iran could persist for months, the world is staring at a prolonged disruption to one of its most critical energy lifelines.
The Strait of Hormuz is not merely a maritime passage; it is the central artery through which a significant portion of global oil and liquefied natural gas flows.
Any sustained disruption carries systemic consequences.
The warning from the International Monetary Fund is already stark. Glob...
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