The oil shock tests Vietnam’s overstretched economy – East Asia Forum

Oil Shock Pushes Vietnam’s Overstretched Economy to the Breaking Point

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Vietnam’s economy is under increasing strain as soaring oil prices intensify the challenges already burdening its overstretched infrastructure and supply chains, putting growth prospects and economic stability at serious risk, experts warn

Sri Lankan buyer paid $286 for barrel of oil, as actual prices diverge from markets – Middle East Eye

Sri Lankan buyer paid $286 for barrel of oil, as actual prices diverge from markets – Middle East Eye

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A Sri Lankan buyer paid $286 for a barrel of oil, highlighting a sharp divergence from global market prices. This anomaly underscores growing supply chain disruptions amid geopolitical tensions.

What are Asian countries doing to offset the oil-price rise – Reuters

How Asian Countries Are Tackling the Surge in Oil Prices

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Asian countries are taking bold steps to tackle soaring oil prices, from ramping up subsidies and exploring new energy sources to stockpiling fuel reserves. As they face mounting economic challenges, these nations are striving to steady their markets, Reuters reports