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Oil price uncertainty raises cost concerns, public urged to avoid panic buying
Global oil price uncertainty due to geopolitical conflicts could increase pressure on the cost of living, requiring enhanced government preparedness and consumer awareness, said T Saravanan.

The Federation of Malaysian Consumers Associations (Fomca) CEO said the government must ensure monitoring and intervention mechanisms are implemented effectively, including transparent communication, supply chain monitoring, and measures to prevent price manipulation or supply shortages.

“Fomca advises consumers to...


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