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Vietnam Raises Fuel Prices Over 20% Amid Middle East Conflicts

3/21/2026

27 2 Full Breakdown

Summary

Story summary

On March 20, Vietnam raised fuel prices after Middle East conflicts.
Petrol rose over 20% to 30,690 dong and diesel rose nearly 34% to 33,420 dong.
Since late February, petrol has risen more than 50% and diesel more than 70%.
Prime Minister Pham Minh Chinh seeks fuel support from Qatar and Kuwait.
The surge has reduced traffic in major cities.

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Story summary

On March 20, Vietnam raised fuel prices after Middle East conflicts.
Petrol rose over 20% to 30,690 dong and diesel rose nearly 34% to 33,420 dong.
Since late February, petrol has risen more than 50% and diesel more than 70%.
Prime Minister Pham Minh Chinh seeks fuel support from Qatar and Kuwait.
The surge has reduced traffic in major cities.