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Oil prices rise
Latest news updates regarding rising oil prices.
Why does Iran hold the advantage in the Strait of Hormuz?
Asymmetrical warfare tactics and natural geographical features are considered two factors that give Iran an advantage in the Strait of Hormuz.
International
Chinese electric vehicles benefit as Middle Eastern conflicts drive up oil prices.
Geopolitical tensions driving up oil prices are prompting global consumers to switch to electric vehicles, paving the way for strong growth by Chinese automakers.
Fuel prices today, March 21, 2026: Oil prices rise, Brent reaches $112/barrel.
Today's fuel price update, March 21, 2026: World oil prices rose by more than 2% due to supply risks from the Middle East, with Brent crude reaching $112.5 per barrel.
Oil prices surged more than 5% amid the US's struggle to find allies to 'rescue' the Strait of Hormuz.
On the afternoon of March 17th, the global energy market witnessed a sharp price surge as crude oil prices jumped by more than 5%. This shock occurred amidst US diplomatic efforts to establish a coalition...
President Putin's special envoy: US lifts restrictions on 100 million barrels of Russian oil.
The Russian President's special envoy for international economic cooperation and investment emphasized that this figure includes the amount of oil currently in transit.
IEA: Middle East conflict creates 'the biggest oil shock in history'
Brent crude oil prices surpassed $100 per barrel amid escalating military clashes between Israel, the US, and Iran. According to the International Energy Agency (IEA), there is a risk of disruption to shipping routes...
Updated fuel prices today, March 13, 2026: Diesel prices increased by more than 2,000 VND/liter from 10 PM last night.
Fuel prices today, March 13th: Domestic fuel prices have been adjusted with alternating increases and decreases since 10 PM on March 12th. Kerosene, in particular, saw a sharp increase of 2,500 VND/liter.
The International Energy Agency is proposing the largest-ever release of oil reserves.
March 11, 2026 09:25
The International Energy Agency is proposing to release the largest amount of oil in history from its reserves, amid ongoing conflict in the Middle East that shows no signs of abating.
How long will the Gulf oil "dragons" hold out?
March 10, 2026 11:20
Oil prices have been volatile following airstrikes targeting Iranian energy infrastructure and the paralysis of the Strait of Hormuz. As oil tankers are stranded and energy facilities are disrupted...
President Trump lifted oil sanctions on several countries in an effort to cool down energy prices.
March 10, 2026 09:10
US President Donald Trump announced the decision to lift sanctions against several countries related to oil supply aimed at controlling prices.
Oil prices surged amid tensions in Iran, prompting many Asian nations to urgently implement economic protection measures.
March 9, 2026 15:25
World oil prices have surged due to tensions related to Iran and the risk of supply disruptions from the Middle East, forcing many Asian governments to urgently implement stabilization measures...
US-Iran conflict escalates: Middle Eastern oil shipping costs soar to record highs.
March 3, 2026 09:49
Charter costs for supertankers exceeded $400,000 per day – the highest in history – as the US-Iran conflict in the Strait of Hormuz intensified.
Gasoline prices will decrease by up to 200 VND per liter, while diesel prices will increase from 3 PM on February 20, 2026.
March 2, 2026 07:31
The Ministry of Industry and Trade and the Ministry of Finance have adjusted down the prices of E5RON92 and RON95 gasoline, while the prices of other petroleum products have increased slightly from the afternoon of February 20, 2026.
Fuel prices increased across the board from 3 PM on January 29th, with RON 95 reaching 18,845 VND/liter.
January 29, 2026 15:10
The Ministry of Industry and Trade and the Ministry of Finance have adjusted the prices of all petroleum products upwards from 3 PM on January 29, 2026, with fuel oil recording the highest increase of 761 VND/kg.
Commodity market update 29/1: Oil prices rise over 1.3%, world coffee prices fall sharply by 4.4%.
January 29, 2026 09:42
Crude oil prices surged thanks to an unexpected drop in US inventories, while positive production prospects in Brazil put pressure on Arabica coffee prices, causing them to plummet by more than 4%.
World oil prices today, September 25, 2025: Oil prices rise due to decreased US inventories.
September 25, 2025 04:45
World oil prices today, September 25, 2025: Oil prices surged by more than 1% due to declining US inventories, while supply from Russia, Venezuela, and Kurdistan faced difficulties.
Fuel prices today, September 15, 2025: Oil prices increased slightly.
September 15, 2025 05:00
Gasoline and oil prices today, September 15th: Oil prices rose slightly after the drone attack at a Russian port, but the market remains under pressure from weakening US demand.
Fuel prices on September 11, 2025: Oil prices rise after a series of international events.
September 11, 2025 04:10
Today's fuel prices (September 11th): World oil prices rose slightly following geopolitical developments, but abundant supply continues to put pressure on the market.
A European blockade of Russian oil exports would create a 'double shock'.
June 17, 2025 19:00
If the EU and the US take another step and block oil shipments through the Baltic Sea, Russia will face a serious physical blow to its export capacity. But the world will not be spared either...
Today's fuel prices (June 17th): Escalating tensions between Israel and Iran push oil prices sharply higher.
June 17, 2025 09:10
Gasoline and oil prices today, June 17, 2025: Crude oil prices surged after Israel declared control of the airspace over Tehran, Iran, and US President Donald Trump called for evacuations...
Fuel prices today, May 9, 2025: Oil prices increased slightly.
May 9, 2025 10:19
Today's fuel prices (May 9, 2025): Crude oil prices rose slightly due to expectations of US-China negotiations, while supply pressure from Iran remains.
President Trump will ask OPEC to lower oil prices for the sake of peace in Ukraine.
January 24, 2025 09:06
US President Donald Trump will ask OPEC to lower oil prices to end the conflict in Ukraine.
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