Kuala Lampur, April 10 -- Global uncertainty is often discussed in abstract terms, but recent events have made it tangible. The escalation of conflict in the Middle East, particularly around the Strait of Hormuz, has shown how quickly external shocks can reshape economic realities. Within a matter of weeks, global oil prices moved from relative stability at around US$65 to 70 per barrel to levels exceeding US$110, at one point nearing US$120. Such a sharp increase is not simply a market fluctuation. It is a reminder of how fragile stability can be when critical global supply routes are disrupted.

For countries like Malaysia, these developments are not distant geopolitical events. They translate directly into domestic economic pressure. E...