Vietnam Cuts Fuel Prices Amid Global Market Fluctuations
Vietnam has lowered domestic retail prices for gasoline and some petroleum products, effective from 3 PM on the 15th, in response to global market fluctuations. This adjustment reflects international trends influenced by negotiations regarding Hormuz Strait passage and revised oil demand forecasts by OPEC and the IEA. Post-adjustment, Vietnam's gasoline prices remain competitive compared to neighboring countries.
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