The day's essential Malaysian news, briefed.
Pakistan's Prime Minister Shehbaz Sharif has publicly backed Iran's right to possess ballistic missiles, asserting the weapons were never part of the recent US-Iran peace agreement brokered by Islamabad.
Foreign ministers from Türkiye, Egypt, Pakistan and Saudi Arabia have endorsed a US-Iran memorandum signed in Islamabad, describing it as a constructive move toward regional stability. The statement also emphasised Palestinian statehood.
Prime Minister Anwar Ibrahim has praised reports of preliminary negotiations between the United States and Iran, viewing the development as encouraging for global stability and urging continued momentum toward enduring peace.
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Prime Minister Anwar Ibrahim has welcomed signs of reduced tensions between the United States and Iran, stressing that geopolitical conflicts impose the heaviest toll on vulnerable populations in developing economies.
Oil rebounded Friday as peace negotiations between the US and Iran faltered, with Israeli military action in Lebanon fuelling concerns that a fragile Middle East truce may unravel, threatening energy supply gains.
A potential peace agreement between the US and Iran could help stabilise global oil prices and reopen vital shipping routes, according to Malaysia's Political Secretary to the Finance Minister, though full recovery will require time.
Iran and the United States have formally finalised a 14-point memorandum of understanding intended to end their ongoing conflict, with both presidents having signed the agreement. Negotiations will centre on nuclear matters and sanctions relief over the next 60 days.