The Gulf conflict shows no sign of easing. Malaysia is exposed, but the government is recalibrating subsidies and diversifying suppliers, among other measures, to steady the economy. TENSIONS in the Gulf have flared once more, marking a dangerous turn in the US-Israel-Iran conflict. Retaliatory strikes and the effective closure of the Hormuz Strait have unsettled global markets further, raising questions about how far the shockwa... [8560 chars]
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