Vietnam Seeks Fuel Support as Diesel, Petrol Prices Surge Amid Global Oil Crisis

Published: Mar 26, 2026 10:15

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[SMM Aluminum Express News] Diesel prices in Vietnam have surged over 105% since late February, rising from 19,270 dong to 39,660 dong (US$1.50) per litre, while 95-octane petrol climbed nearly 68% to 33,840 dong following the outbreak of conflict involving the United States, Israel, and Iran. Soaring global oil prices have triggered supply concerns, prompting Vietnam to seek fuel support from Qatar, Kuwait, Algeria, and Japan, while also signing a new oil and gas cooperation deal with Russia.

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Data: SHFE, DCE market movement (Mar 26)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 26 Mar , 2026

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