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Event Brief

Diesel price rise from Iran conflict slows Malaysia sector

Rising diesel prices linked to the Iran conflict have slowed a once-booming sector in Malaysia as contractors halt work.
WHO: Contractors
WHAT: Some contractors halted work due to higher diesel costs making projects unprofitable
WHEN: May 11, 2026 at 3:25 AM ET
WHERE: Malaysia
WHY: The sector was affected by rising diesel prices from the Iran conflict.

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