Vietnam urges work from home amid fuel supply, price crunch in Mideast

Vietnam’s commercialized ministry is urging businesses to promote employees to enactment from location to curb substance depletion arsenic the state grapples with proviso disruptions and crisp terms increases triggered by the U.S.-Israeli warfare involving Iran.

In a connection connected Tuesday, the authorities said Vietnam has been among the nations hardest deed by the turmoil owed to its dense reliance connected vigor imports from the Middle East. Citing a study from the Ministry of Industry and Trade, it called connected companies to "encourage work-from-home erstwhile imaginable to trim the request for question and transportation."

Fuel prices person surged since the extremity of past month, with gasoline up 32%, diesel rising 56% and kerosene climbing 80%, according to information from Petrolimex, the country’s apical substance trader. Long lines of cars and motorbikes were seen astatine petrol stations successful Hanoi connected Tuesday.

The ministry besides urged businesses and individuals not to hoard oregon speculate connected fuel.

People queue to bargain petrol astatine a petrol presumption aft Vietnam's commercialized ministry called connected section businesses to promote their employees to enactment from location to prevention substance amid disruptions successful proviso and terms surges triggered by the U.S.-Israeli struggle with Iran, successful Hanoi, Vietnam, March 10, 2026.  (REUTERS/Khanh Vu)

GAS PRICES COULD JUMP AS MIDDLE EAST TENSIONS THREATEN GLOBAL OIL SUPPLY

Prime Minister Pham Minh Minh connected Monday held calls with leaders of Kuwait, Qatar and the United Arab Emirates to unafraid further substance and crude lipid supplies. The authorities has besides removed import tariffs connected fuels done the extremity of April successful a bid to easiness unit connected the market.

President Donald Trump's strikes connected Iran person made for volatile crude markets, with prices surging to $120 a tube successful the U.S. implicit the play earlier dipping backmost to conscionable implicit $80 connected Monday nighttime arsenic Trump spoke to a Republican retreat successful Florida.

Prices person stabilized aft Trump assured investors the Strait of Hormuz volition beryllium harmless for lipid tankers successful the Middle East, a notorious chokepoint for the mostly dismantled Iranian regime.

President Donald Trump addresses reporters aboard Air Force 1 past week arsenic War Secretary Pete Hegseth looks on. (SAUL LOEB / AFP via Getty Images)

TRUMP IS REALIGNING WORLD ENERGY MARKETS AND THE IRAN STRIKES ARE ACTUALLY HELPING

The concern successful the portion remains tenuous arsenic Iran has announced Mojtaba Khamenei arsenic the adjacent ultimate leader, a determination that Trump told Fox News that helium "was not happy" about.

"I don't judge helium tin unrecorded successful peace," Trump said from Air Force One.

Iran's Revolutionary Guard said Tuesday they would not fto immoderate lipid retired of the Middle East until U.S. and Israeli attacks cease, a menace that had prompted Trump to endanger to deed Iran "20 times harder" if it blocked exports.

US SIGNALS READINESS TO ESCORT TANKERS THROUGH HORMUZ AS TRAFFIC THINS BUT NO MISSION LAUNCHED

Strikes connected the Iranian leadership, the IRGC, and Iranian naval vessels and lipid infrastructure person roiled the markets. ( Sasan / Middle East Images / AFP via Getty Images)

Despite the defiant rhetoric from some sides, investors placed beardown bets Tuesday that Trump would telephone disconnected his warfare soon, earlier the unprecedented disruption it has caused to vigor supplies causes a planetary economical meltdown.

"I'm proceeding they privation to speech badly," Trump said, arsenic the Department of War has claimed 50 Iranian naval vessels person been sunk and Trump is suggesting the warfare objections are weeks up of schedule, if not astir "complete."

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

"It's possible," Trump added of engaging the caller Iranian leadership, descendants of the deceased leaders, but said it "depends connected what terms, possible, lone possible."

"You know, we benignant of don't person to talk anymore, you know, if you truly deliberation astir it, but it's possible," helium said.

Fox News' Trey Yingst and Reuters contributed to this report.