MIDF Amanah: Strait Of Hormuz Closure Poses Limited Risk To Malaysia
KUALA LUMPUR, June 26 (Bernama) -- The possible closure of the Strait of Hormuz following the recent Iranian parliamentary vote poses limited risk to Malaysia, said MIDF Amanah Investment Bank Bhd.
In a note today, the investment bank said that Malaysia's main Asia-Europe trade corridor, which contributes less than 15 per cent to the total volume at Westports, bypasses Hormuz entirely.
'Short-term port congestion and berth delays may still occur if rescheduled calls and feeder realignments spill into the region in the second half of 2025 (2H 2025).
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