Middle East conflict causes fuel shortage, multiple Vietnamese airlines will reduce flight frequencies.
Due to the Middle East conflict causing obstruction to shipping, fuel supply is tight, and prices are soaring. Several Vietnamese airlines have announced that they will reduce the number of domestic and international flights from April, with some airlines cutting flights by more than 50%. Vietnam's strategic reserves of crude oil are extremely limited, and the country's energy is highly dependent on imports. Data released by the Ministry of Industry and Trade of Vietnam on the 25th showed that the current diesel prices in the country have more than doubled since the outbreak of the US-Iran conflict at the end of February, rising from 19,270 Vietnamese dong per liter to 39,660 Vietnamese dong per liter.
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