By Ying Xian Wong
KUALA LUMPUR, Malaysia--One of the seven Malaysian-owned vessels stranded in the Strait of Hormuz has been granted safe passage and is now heading to its final destination, the country's foreign ministry said.
The breakthrough follows high-level diplomatic engagements, including calls between Malaysian Prime Minister Anwar Ibrahim and Iran President Masoud Pezeshkian, as well as talks between Foreign Minister Mohamad Hasan and his Iranian counterpart, Abbas Araghchi, Malaysia's foreign ministry said in a statement Tuesday. The ministry didn't provide a timeline for the remaining six vessels.
Malaysia said last month that Iran had approved passage for seven of its oil vessels, granting them toll-free transit through the key shipping route, which has faced disruptions amid the Middle East conflict.
At an event on Tuesday, Anwar said Malaysia has sufficient fuel supply to meet domestic demand through June. He credited Petronas for building strong ties with other oil-producing nations, helping to ensure adequate supply, with only some price disruption, despite the ongoing conflict.
Although Malaysia is an oil producer, it still imports crude as it exports higher-quality products, Anwar said. The country also has ample liquefied natural gas supply, supported by strong domestic production, long-standing import links with Australia, and Petronas's partnerships in the Canadian energy sector, he added.
Write to Ying Xian Wong at yingxian.wong@wsj.com
(END) Dow Jones Newswires
April 07, 2026 02:08 ET (06:08 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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