
Oil gains 2% as Trump signals no retreat on Iran stance
Brent crude surged 2.1% to US$89.70 a barrel after Trump rejected returning to Iran's June memorandum, signalling no softening on the Islamic Republic amid escalating Middle East tensions.
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Brent crude surged 2.1% to US$89.70 a barrel after Trump rejected returning to Iran's June memorandum, signalling no softening on the Islamic Republic amid escalating Middle East tensions.

Unsubsidised RON97, RON95, and diesel prices rise 20 sen per litre from July 30 as global oil tensions push Brent crude to six-week highs. Subsidised fuels remain unchanged.