Prime Minister Datuk Seri Anwar Ibrahim attends the official opening ceremony of MKS Instruments Malaysia Sdn Bhd in Batu Kawan on June 20, 2026. — Bernama pic Earn a fixed rate of up to 4.2%* p.a. for 210 days with Versa Save! Plus, enjoy an additional FREE RM10 when you sign up using code VERSAMM10 with a min. cash-in of RM100 today. T&Cs apply. By Opalyn Mok Saturday, 20 Jun 2026 12:41 PM MYT SEBERANG PERAI, June 20 — Prime Minister Datuk Seri Anwar Ibrahim has hailed the reported de-escalation of tensions between the United States and Iran, describing the breakthrough as a vital win for global energy security and economic stability.Speaking at the grand opening of the MKS Super Center Factory in Bandar Cassia Technology Park today, Anwar expressed relief over the diplomatic progress in the Middle East, a region whose volatility often affects the global economy.“I was extremely happy to learn the news of a settlement or agreement, initial agreement, between the United States and Iran,” he told the audience.The Prime Minister noted that any disruption in the Straits of Hormuz, a critical chokepoint for global oil, would have a cascading effect on industries worldwide.For Malaysia, he said such instability translates directly into spiralling prices and economic pressure on the ground.“We hope the peace can be sustained in the long term,” Anwar said, adding that the international community, including Gulf nations and Israel, must be persuaded or compelled to prioritise a lasting peace.The Prime Minister warned that while geopolitical conflicts may seem distant, their consequences are felt most acutely at the dinner table.He also lamented that the poor and the marginalised invariably bear the brunt of global instability, a reality he described as unacceptable.“It is extremely cruel to inflict so much difficulty on the people,” he said.