Tag: "Middle East"
Vietnam makes 3rd fuel price change in 3 days, 5th since Middle East tensions

Vietnam makes 3rd fuel price change in 3 days, 5th since Middle East tensions

Economy 15:36 13/03/2026

Vietnam adjusted retail fuel prices from 10:00 pm on Thursday, with mixed increases and decreases across products, marking the third adjustment in three days as global oil prices fluctuated widely.

Vietnam cuts fuel prices after recent hike

Vietnam cuts fuel prices after recent hike

Economy 11:39 12/03/2026

Vietnam sharply cut retail fuel prices from 10:00 pm (local time) on Wednesday, with RON95 gasoline falling by nearly VND3,900 (US$0.15) per liter and kerosene dropping by almost VND8,000 ($0.3).

Ride-hailing firms Grab, Be launch driver support in Vietnam amid fuel price surge

Ride-hailing firms Grab, Be launch driver support in Vietnam amid fuel price surge

Economy 09:46 12/03/2026

Ride-hailing platforms Grab and Be have launched short-term support programs for drivers in Vietnam following recent fuel price increases, offering bonuses and fuel subsidies instead of immediately raising fares.

Vietnam raises gasoline prices, cuts kerosene, taps stabilization fund in latest fuel price adjustment

Vietnam raises gasoline prices, cuts kerosene, taps stabilization fund in latest fuel price adjustment

Economy 11:38 11/03/2026

The Vietnamese Ministry of Industry and Trade raised retail gasoline prices while cutting kerosene rates in its latest fuel price adjustment on Tuesday, drawing on the petroleum price stabilization fund.

Lego bets on Pokemon, interactive bricks as conflict threatens higher costs

Lego bets on Pokemon, interactive bricks as conflict threatens higher costs

World 17:17 10/03/2026

COPENHAGEN -- Lego is bracing for higher energy and raw material costs as oil and gas prices rise amid conflict in the Middle East, its chief executive said, as the Danish toymaker looks to spur growth with interactive "smart bricks" and Pokemon tie-ups.

Vietnam ministry urges reduced private vehicle use, remote work amid fuel supply concerns

Vietnam ministry urges reduced private vehicle use, remote work amid fuel supply concerns

Vietnam News 12:18 10/03/2026

The Vietnamese Ministry of Industry and Trade has warned of possible localized fuel shortages and urged residents and businesses to reduce fuel consumption, including limiting private vehicle use and increasing remote work, as tensions in the Middle East threaten global energy supplies.

How much oil do G7 countries hold in emergency reserves?

How much oil do G7 countries hold in emergency reserves?

World 12:15 10/03/2026

PARIS -- The Group of Seven countries are considering releasing emergency oil stocks to address the Middle Eastern supply crisis, the International Energy Agency said on Monday, as oil prices surged to as high as almost $120 per barrel.

Vietnam cuts fuel import tax to 0% until next month

Vietnam cuts fuel import tax to 0% until next month

Economy 10:38 10/03/2026

The Vietnamese government has issued Decree 72 reducing import tariffs on several fuel products to zero percent, effective from March 9 through April 30, in an effort to stabilize the domestic fuel market amid escalating tensions in the Middle East.

Hanoi warns of strict action against fuel hoarding amid supply concerns

Hanoi warns of strict action against fuel hoarding amid supply concerns

Vietnam News 17:37 09/03/2026

The Hanoi People’s Committee has ordered strict monitoring of fuel retailers and pledged to punish cases of hoarding or creating artificial shortages, as global energy market instability continues to affect domestic supply.

Vietnam adopts measures to ensure fuel supply amid Middle East tensions

Vietnam adopts measures to ensure fuel supply amid Middle East tensions

Economy 16:23 09/03/2026

The Vietnamese Ministry of Industry and Trade has said the country is taking proactive measures to secure fuel supplies and stabilize the domestic market as global energy prices surge due to escalating conflicts in the Middle East.

Rising fuel, fertilizer prices worry farmers in Vietnam’s Mekong Delta

Rising fuel, fertilizer prices worry farmers in Vietnam’s Mekong Delta

Vietnam News 16:01 09/03/2026

Farmers in Vietnam’s Mekong Delta are facing mounting concerns as fuel and fertilizer prices surge while crop and aquaculture product prices remain stagnant, raising fears of losses in the upcoming harvests.

IMF's Georgieva warns Middle East conflict could push global inflation higher

IMF's Georgieva warns Middle East conflict could push global inflation higher

World 16:00 09/03/2026

TOKYO -- IMF Managing Director Kristalina Georgieva on Monday warned of inflation risks from the Middle East conflict, saying a 10-percent increase in oil prices, if persistent through most of the year, would result in a 40-basis-point increase in global inflation.