The failure of ceasefire negotiations between the United States and Iran in Islamabad may appear, at first glance, like yet another distant diplomatic breakdown. But this is not a remote geopolitical episode Malaysians can afford to ignore.
The likelihood of escalation is real, and with it, the continued disruption—or even closure—of the Strait of Hormuz, one of the world’s most critical oil arteries. When that artery tightens, the shock does not remain in the Middle East. It travels—swiftly and relentlessly—into global markets, national budgets, and ultimately, the daily lives of ordinary Malaysians.
This is why Anwar Ibrahim is right to admit that Malaysia is already in a crisis. Not a crisis of panic or collapse, but one of creeping economic pressure—the kind that builds quietly until it becomes unavoidable.
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