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Middle East tension

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Vietnam calls for ceasefire, maritime security and dialogue amid Middle East tensions

Vietnam calls for ceasefire, maritime security and dialogue amid Middle East tensions

Vietnam called on all parties to exercise maximum restraint, refrain from actions that could escalate tensions, and avoid the threat or use of force. Disputes must be resolved through peaceful means based on international law and the UN Charter.

Politics-Diplomacy

Vietnam rice exports face shipping delays as Middle East tensions raise costs

Vietnam's rice exports in 2026 are likely to be affected by the conflict in the Middle East. Shipping insurance premiums have increased and delivery times have lengthened by 10-15 days, while domestic transport costs for rice shipments have risen by about 20,000-30,000 VND (0.8-1.2 USD) per tonne.
Middle East tension upheaval jolts shipping fuel suppliers in Singapore

Bunker distributors typically buy large volumes of fuel oil and marine gasoil that they then resell to vessels calling at Singapore for refuelling. However, several people directly involved in the trade said they had been holding off bigger orders since last week, citing extreme price fluctuations.