Johor bahru: The government will examine the impact on the country's economy following attacks by Israel and the United States on Iran, said Economy Minister Akmal Nasruallah Mohd Nasir. The minister highlighted several key issues to examine, including Malaysia's direct relationship with Iran and the geopolitical tensions affecting the global economy.

According to BERNAMA News Agency, Akmal stated it was too early to determine the scale of the disruption to the world's economic ecosystem, but emphasized that geopolitical developments cannot be taken lightly. He pointed out the significance of assessing the production of oil and gas, as Iran is a major regional and global producer, and the potential effects on the global economic supply chain.

Tensions in the Middle East have escalated following the US and Israel's attack, which Israel described as 'a preemptive attack' to 'remove threats'. The attack followed the US's increased military presence in the region, aimed at pressuring Tehran regarding its nuclear program and its crackdown on mass protests.

Akmal, who also serves as the member of Parliament for Johor Bahru, emphasized that Malaysia cannot underestimate any disruption to the global economy and will continue to enhance domestic economic resilience to mitigate adverse effects from international crises. He noted that the possibility of rising global oil and gas prices is subject to market mechanisms and decisions by major oil producers, with Malaysia involved in several such mechanisms.

Earlier in the day, Prime Minister Datuk Seri Anwar Ibrahim, in a Facebook post, called for an immediate and unconditional cessation of hostilities following the latest attacks, warning that escalating tensions could push the Middle East to the brink of catastrophe. He described the attack as a 'vile attempt' to sabotage ongoing negotiations and to draw other nations into a potentially uncontrollable conflict.