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If Iran really completely controls the Strait of Hormuz and forces all ships to obey, could gasoline prices in Vietnam increase dramatically in just a few weeks?
The latest statement from Iran about exercising control over the Strait of Hormuz is creating a huge wave of concern in the international energy market. No longer simply diplomatic warnings, Tehran this time sent a tougher signal by declaring that ships passing through the area must comply with regulations set by Iran, and warned of the possibility of responding if there is a military intervention or violation of control requirements.
Why Hormuz Is So Important That It Makes The Whole World Worried
Hormuz is considered the world's "energy throat".
Data Index
Percentage of global oil passing through Hormuz Nearly 20%
Oil transported every day About 20 million barrels
Areas of influence Middle East, Asia, Europe
Largely dependent countries are China, Japan, Korea, and India
If transportation activities here are interrupted for just a few days, the global oil market can react extremely strongly.
What's Going On
According to recent statements, Iran requires commercial ships to follow routes controlled by Iran's navy and Islamic Revolutionary Guard Corps. Iran's parliament is also considering legal steps to formalize control over the straitThis.
Meanwhile, the US, through CENTCOM, still maintains a strong military presence in the region and has repeatedly declared to protect freedom of navigation.
Direct Confrontation Between Iran and America
Iran America
Assert control over Hormuz Assert freedom of navigation
Require ships to comply with Iran regulations Maintain military presence
Warning of response if intervention Warning of actions that cause insecurity
Strengthen the IRGC role Strengthen the fleet in the Gulf region
This is considered one of the most dangerous geopolitical confrontations in 2026.
How Much Oil Prices Can Increase
International energy experts have warned that any risk of a blockade in Hormuz could cause oil prices to increase sharply as the market reacts to supply risks.
Simulate market impact
️ Current Brent oil
About 1,900,000 VND/converted barrel
If tensions escalate
️ 10% increase scenario
About 2,090,000 VND/barrel
️ 20% increase scenario
About 2,280,000 VND/barrel
️ Serious crisis scenario
Can exceed 2,600,000 VND/barrel
The actual number depends on military developments and OPEC's response.
⚠️ Which Country Will Be Most Worried?
Large energy importing economies such as Japan, South Korea, China and India could be the first to be affected if tanker traffic through Hormuz is affected.
Refineries, shipping lines and petrochemical companies in Asia are monitoring every development in the region.
What Fears the Financial World the Most
Not a missile.
Not a warship.
Which is the instability that lasts dah.
When the market does not know whether the Strait of Hormuz will continue to be fully open tomorrow, ship insurance costs increase, shipping costs increase and ultimately global people are the ones who have to pay more expensive energy bills.
In modern history, few hotspots have the ability to directly impact oil prices, electricity prices, transport prices and global inflation as strongly as Hormuz.
And now, all eyes are focused on this narrow but most powerful sea on the planet.
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