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Middle East conflict
Vietnam taps $304M fund to hold down fuel prices
Prime Minister Pham Minh Chinh has issued a decision approving an additional VND8 trillion (US$303.74 million) from the 2026 state budget estimate for advance funding for the fuel price stabilization fund.
Flight uncertainty fuels anxiety among Vietnam travelers
Thailand strikes deal with Iran for oil tankers to pass through Strait of Hormuz
Rising fuel prices threaten Southeast Asia tourism
The Middle East conflict has driven up fuel costs, and the resultant higher transport prices are threatening the recovery of Southeast Asia's tourism industry.
March 27, 2026 | 02:54 pm PT
Cambodia suspends all traffic fines to ease pressure on drivers amid fuel price hike
Cambodia has temporarily halted all traffic fines as the country grapples with fuel prices that have nearly doubled since the Iran conflict shut down the Strait of Hormuz, choking off the region's oil supply.
March 27, 2026 | 02:54 pm PT
Sri Lanka jails man over 4 liters of hoarded petrol amid fuel crisis
Sri Lanka has jailed a man for three weeks after he admitted to hoarding four liters of petrol during a nationwide fuel shortage triggered by the Middle East war, local media reported Friday.
March 27, 2026 | 01:13 am PT
Cathay Pacific fuel surcharges have nearly tripled since Middle East war began
Cathay Pacific Airways passengers are now paying more than 173% more in fuel surcharges than they were a month ago, after the Hong Kong flag carrier announced its second price increase in two weeks on Thursday.
March 27, 2026 | 12:53 am PT
Myanmar travelers prefer trains to planes as fuel prices rise
Myanmar’s ageing railway stations are bustling with life, crowded with passengers as surging fuel prices due to the Mid-East war drive travelers to choose trains over costly planes and cars.
March 27, 2026 | 12:29 am PT
Flying in Vietnam could cost 17% more from April as Middle East fuel crisis deepens
Domestic flights in Vietnam could get significantly more expensive from April as the aviation regulator proposed a fuel surcharge to help airlines survive a jet fuel crisis triggered by the Middle East conflict.
March 26, 2026 | 11:47 pm PT
Asia's '2nd most beautiful island' cuts ferry trips by 40% amid soaring diesel prices
Ferry operators in Malaysia's Langkawi, voted Asia's second most beautiful island after Vietnam's Phu Quoc last year by American magazine Condé Nast Traveler, have cut daily services by 40% after industrial diesel prices more than doubled.
March 26, 2026 | 07:48 pm PT
South Korea to roll out $17B 'wartime' budget
South Korea aims to roll out a nearly US$17 billion "wartime" supplementary budget and expand fuel tax cuts as the war in Iran pushes up energy prices.
March 26, 2026 | 06:34 pm PT
Singapore gasoline prices drop for first time in almost 3 weeks
Gasoline prices in Singapore have declined for the first time in almost three weeks, with Shell becoming the first retailer in the country to lower its rates.
March 25, 2026 | 08:26 pm PT
Commuters ditch motorbikes for public transport as fuel prices soar
Ho Chi Minh City commuters are ditching their motorbikes for the metro and buses as fuel prices spike to levels not seen since 2022 amid the Middle East conflict.
March 24, 2026 | 07:58 pm PT
Thailand seizes 20,000 liters of diesel bound for Myanmar
Thai authorities have recently uncovered an illegal shipment of 20,000 liters of diesel fuel bound for Myanmar.
March 24, 2026 | 07:42 pm PT
Philippines declares 'national energy emergency'
Philippine President Ferdinand Marcos declared a state of "national energy emergency" on Tuesday, citing risks to the domestic fuel supply and energy stability created by the Middle East war.
March 24, 2026 | 06:30 pm PT
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