On September 9, 2026, global oil prices surged as concerns over supply disruptions in the Middle East intensified. As of 5:40 PM, West Texas Intermediate (WTI) crude oil was priced at $95.56 per barrel, marking an increase of $2.53, or 2.72%. Meanwhile, Brent crude oil climbed to $100.90 per barrel, up by $2.98, or 3.04%.

The upward trend in the oil market is largely attributed to ongoing geopolitical tensions, particularly between the United States and Iran, as well as the continued military conflict between Russia and Ukraine, which has focused on energy facilities and refineries. The U.S. Federal Reserve is also expected to raise interest rates by the end of the year to combat inflation, further influencing oil prices.

In Vietnam, the Ministry of Industry and Trade has noted that the domestic oil market is affected by these global price fluctuations. The prices for commonly used petroleum products in Vietnam as of September 9 are as follows:

• E5 RON92 gasoline: no more than 22,486 VND per liter
• E10 RON95-III gasoline: no more than 23,274 VND per liter
• Diesel 0.05S: no more than 27,743 VND per liter
• 180CST 3.5S mazut: no more than 17,641 VND per kilogram

Local fuel companies anticipate that prices may rise in the upcoming adjustment period, depending on the stabilization fund's allocation. Comparatively, gasoline prices in neighboring countries as of September 3, 2026, were as follows:

• Thailand: 29,533 VND per liter (government subsidized)
• Cambodia: 28,337 VND per liter (government subsidized)
• Laos: 45,804 VND per liter
• China: 32,879 VND per liter (government controlled)
• Vietnam: 23,274 VND per liter

For diesel, prices in neighboring countries were:

• Thailand: 30,081 VND per liter (government subsidized)
• Cambodia: 33,218 VND per liter
• Laos: 38,208 VND per liter
• China: 29,824 VND per liter (government controlled)
• Vietnam: 27,743 VND per liter

Currently, Vietnam's gasoline and diesel prices remain lower compared to its neighboring countries.