Petrolimex recorded a record revenue of 136 trillion VND, equivalent to over 5 billion USD, during a period of significant fuel price volatility influenced by the Middle East conflict.

Effective 3 p.m. today, gasoline and oil prices will increase by 880-2,440 dong per liter or kilogram, following global energy market fluctuations.

Russia, a leading global oil exporter, is negotiating with various parties to import gasoline to address shortages caused by Ukrainian strikes.

The government agrees to extend environmental protection tax, value-added tax (VAT), and preferential import tax on fuel for an additional three months, until 30/9.