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Deputy Prime Minister Fadillah Yusof has warned that energy security and maritime security are now deeply interconnected, with geopolitical tensions affecting global supply chains, insurance costs, and fuel prices for ordinary people.
British Prime Minister Keir Starmer has called for an immediate resumption of ceasefire negotiations between the US and Iran as regional tensions threaten critical shipping lanes in the Strait of Hormuz.
The 12-member CPTPP trade bloc has endorsed the recent US-Iran agreement and initiatives to reopen the Strait of Hormuz, emphasising the critical role of secure maritime routes for energy trade and regional economic stability.
Oman has thrown its weight behind the recent Iran-US agreement, with Foreign Minister Badr Albusaidi assuring that future transit through the Strait of Hormuz will remain free of charges, underscoring the strategic waterway's importance to regional peace.
US Secretary of State Marco Rubio has rejected Iranian proposals to impose tolls on Hormuz shipping, as multiple disputes threaten emerging negotiations to resolve the Middle East conflict.
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Oman's Foreign Minister Badr Albusaidi has reaffirmed his country's dedication to ensuring unobstructed, toll-free passage through the Strait of Hormuz under international law following diplomatic discussions with senior Iranian officials in Muscat.
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Iran's chief negotiator Mohammad Bagher Qalibaf has travelled to Oman to discuss a new framework for managing the Strait of Hormuz with Omani officials. The visit follows high-level talks with the United States in Switzerland.
Parliament opens today with focus on assessing economic fallout from Strait of Hormuz trade tensions, haj system improvements, and AI governance safeguards against emerging digital threats.
Vice President JD Vance and Iranian negotiator Mohammad Baqer Qalibaf opened talks at a Swiss mountaintop resort on Sunday to negotiate peace following a preliminary agreement signed Wednesday. Both sides confront immediate disputes over claims of a closed Strait of Hormuz and fragile Lebanon ceasefire.
Iran and the United States have commenced their first round of direct negotiations in Switzerland, mediated by Qatar and Pakistan, to implement a ceasefire agreement signed earlier this week.
US Vice President JD Vance and Iranian leaders convened in Switzerland on Sunday to conduct technical negotiations under a newly signed ceasefire accord. The talks seek to solidify an agreement aimed at halting the broader West Asia conflict and reopening regional shipping routes.
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President Trump has declared a 60-day moratorium on maritime fees in the Strait of Hormuz while cautioning that the United States may levy its own tolls afterward if no final agreement is reached.
A Japanese-owned crude oil tanker has successfully transited the Strait of Hormuz and exited the Persian Gulf, becoming the last Japan-crewed vessel to leave the region. Japan's government coordinated the passage with Iran following recent diplomatic developments.
President Trump showed no regret over the deaths of three Indian sailors killed by US forces in the Strait of Hormuz, instead characterizing maritime work as inherently dangerous during his first meeting with Prime Minister Modi in 16 months.
Prime Minister Anwar Ibrahim has welcomed a US-Iran understanding aimed at ending hostilities, praised Pakistan's mediation role, and urged immediate action to reopen the Strait of Hormuz for international shipping.