Vietnam has proposed allowing them to impose fuel surcharges and adjust the price cap on domestic fares to help maintain operations. Thailand plans to increase the use of biofuel blends to reduce demand for imported crude, Energy Minister Auttapol Rerkpiboon said on Monday. Long lines have formed at the pumps in Myanmar over the past week amid concerns about fuel supplies under the country’s military government. The Philippines has enough crude supplies, either stockpiled or en route, to last until April, Energy Secretary Sharon Garin said. Vietnamese officials, meanwhile, are considering importing crude oil from Venezuela, news website VnExpress reported, citing Deputy Trade Minister Nguyen Sinh Nhat Tan.

Source: The Edge Markets March 10, 2026 09:59 UTC