Why Malaysia cannot hide from the Hormuz effect
We watch distant wars on our phones while sipping kopi-o, convinced that the chaos belongs to someone else. We wait for the storm to pass. This time, the storm will not pass. It will come for our wallets, our factories, and our ringgit. And when the oil price spikes past US$150 a barrel as the US-Iran war ignites, Malaysia will discover that “tumultuous” is a polite word for economic surgery without anaesthesia.
Original source: New Straits Times