Malaysia’s Budi95 fuel subsidy program has cost the government RM11.2 billion (approximately $2.37 billion USD) as of the end of May. The Ministry reports a significant increase in subsidy expenditure since the start of the crisis in West Asia. Spending has tripled on average compared to the same period in 2025, indicating a direct correlation between regional instability and domestic fuel costs. This substantial financial burden raises concerns about the sustainability of the subsidy program. The government has not indicated any immediate changes to the Budi95 program, but the escalating costs are likely to prompt further review. The increased spending highlights Malaysia’s vulnerability to external geopolitical factors impacting global energy prices. Officials are monitoring the situation closely for potential future adjustments.