Malaysia’s move to lower diesel prices to RM2.10 (US$0.50) per litre for all citizens could squeeze the government’s fiscal space if oil prices rise again, analysts warn. KUALA LUMPUR: Malaysia’s decision to revive blanket diesel subsidies under a more controlled scheme shows the “urgent need” to plug massive leakages and abuse through smuggling and consumption by foreigners in a way that is politically palatable, say analysts. However, they caution that by more than halving the price of diesel