Effective 3 PM today, domestic gasoline and oil prices have been adjusted for the third consecutive session, reflecting fluctuations in the global energy market.

Thanh Binh gas station in Duc Chau commune has been fined 40 million dong for unilaterally adjusting retail fuel prices outside the times stipulated by its distributor.

From 15:00 today, gasoline and oil prices will both increase by 550-1,580 dong per liter or kg, following global energy market fluctuations.

From 0:00 on 1/7, gasoline prices increased by 1,290-1,430 dong per liter following the reinstatement of the special consumption tax, while oil prices remained unchanged.

US President Donald Trump urged the nation's gas stations to lower prices, warning of "big trouble" if they fail to comply.

President Trump orders an investigation into major oil companies for refusing to lower retail prices, despite a sharp drop in raw material costs.

Diplomatic efforts between Washington and Tehran are bringing positive signals for Americans, as gasoline prices have continuously decreased in recent weeks.