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Vietnam Advances E10 Biofuel Rollout Amid Energy Crisis

4/17/2026

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Story summary
  • Vietnam is accelerating its timeline for mandatory biofuel use by moving E10 rollout to end of April.
  • The move aims to cut reliance on costly petroleum amid disruptions caused by the Iran war.
  • Domestic production can meet only 40% of demand, necessitating imports.
  • S&P Global Ratings warns Indonesia's sovereign ratings may be at risk from rising energy prices, and Malaysia is better positioned to handle the energy shock.