Tag: "oil prices"
P&G warns of $1 billion profit hit in fiscal 2027 from higher oil prices

P&G warns of $1 billion profit hit in fiscal 2027 from higher oil prices

World 11:31 25/04/2026

U.S. consumer goods giant Procter & Gamble on Friday warned of a roughly $1 billion post-tax hit to its fiscal 2027 profit from surging oil prices, joining a host of global companies flagging significant cost pressures from the Iran conflict.

Vietnam raises fuel prices for 2nd time in 3 days amid Middle East tensions

Vietnam raises fuel prices for 2nd time in 3 days amid Middle East tensions

Economy 17:08 07/03/2026

Vietnam raised retail fuel prices sharply on Saturday afternoon, the second increase in three days, after the government activated emergency pricing rules following a surge in global oil prices linked to tensions between the United States, Israel, and Iran.

Vietnam says March fuel supply sufficient, warns of risks if Middle East conflict drags on

Vietnam says March fuel supply sufficient, warns of risks if Middle East conflict drags on

Economy 12:28 07/03/2026

Vietnam’s Ministry of Industry and Trade said fuel supply for the domestic market in March is expected to be sufficient but warned the market could face greater difficulties if conflict in the Middle East continues into April.

Vietnam raises fuel prices sharply as global oil surges

Vietnam raises fuel prices sharply as global oil surges

Economy 17:05 05/03/2026

Vietnam raised retail fuel prices sharply on Thursday, with RON95 gasoline increasing by VND2,189 (US$0.08) per liter, as global oil prices surged amid escalating military conflict in the Middle East, the Ministry of Industry and Trade said.

Oil prices log steepest annual drop since 2020

Oil prices log steepest annual drop since 2020

World 11:51 01/01/2026

LONDON/NEW YORK - Oil prices fell on Wednesday and recorded an annual loss of nearly 20%, as expectations of oversupply increased in a year marked by wars, higher tariffs, increased OPEC+ output and sanctions on Russia, Iran and Venezuela.