Grab’s new EV rides take off at KLIA while Trump’s ceasefire post rattles global oil markets and eases tensions in the Strait of Hormuz.

🇲🇾 Malaysia

Grab Malaysia has launched EV-only ride services at KLIA, supported by the Ministry of Transport. Transport Minister Anthony Loke said this move supports the national green mobility plan and reflects strong public-private cooperation. The service uses BYD electric MPVs and includes the opening of a premium EV lounge at the airport.

🌏 Asia

Oil prices dropped 2% after President Trump’s announcement of a ceasefire between Israel and Iran. Investors had feared a Strait of Hormuz closure, but the risk has eased—at least for now. Malaysia’s economy, heavily reliant on trade, stands to benefit from regional stability.

🌍 International

Brent and WTI crude futures fell sharply after weeks of geopolitical tension. Analysts warn that a closure of the Strait would still send oil over $100/b if conflict resurfaces. Meanwhile, global energy markets remain watchful for further developments.

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