ReferIndia News Vietnam's Oil Supply Diversification Amid Iran War

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Vietnam's Oil Supply Diversification Amid Iran War

Published on: May 13, 2026, 10:15 a.m. | Source: Devdiscourse

Vietnam has diversified its oil supply to mitigate the impact of the Iran war, resulting in high inflation and trade deficits. The nation primarily relies on oil imports from Kuwait but has sought alternatives amid disrupted supplies, with imports dropping by 23% early in 2026.

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