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The most popular fuel E10 RON95 went up 4.28% to VND21,430 (US$0.81) per liter.
Biofuel E5 RON92 added 5.35% to VND20,880. Diesel increased by 10.5% to VND25,760.
Globally fuel markets have trended higher in recent days compared with seven days earlier, driven by escalating tensions between the U.S. and Iran, as well as the Houthi movement in Yemen declaring a maritime blockade in the Red Sea, according to the Ministry of Industry and Trade and the Ministry of Finance.
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An employee refills a motorbike at a fuel station in Hanoi in May 2026. Photo by VnExpress/Hoang Giang |
These factors have pushed global fuel prices upward. RON95 gasoline rose 11.4% to $115.5 per barrel, while diesel increased 10.8% to $150.9 per barrel. Fuel oil (mazut) also climbed 12.3% to $546.3 per ton.
