Daily Brief: Cambodia Gasoline Soars 173%, Panama Diesel Up 154% Amid Supply Shifts

Cambodia recorded the week's most dramatic fuel price increase, with gasoline rising 172.7% to $1.163 per liter. According to Reuters and other sources, this surge follows Cambodia shifting fuel sourcing to Singapore and Malaysia after Vietnam and China restricted supplies. The government has suspended [news reports indicate] drivers, per VnExpress International reports.

Panama saw diesel prices jump 153.7% to $0.986/L, while Vietnam's gasoline increased 83.6% to $1.963/L. In contrast, Angola's diesel price fell 81.9% to $0.346/L, though Al Jazeera reports the country has experienced violent protests over previous fuel price hikes. Lebanon's diesel rose 55.7% to $0.641/L amid broader Middle East unrest affecting energy markets.

Market attention remains on supply chain disruptions and regional export restrictions. The redirection of Cambodian fuel imports highlights how localized supply issues can create extreme price volatility. Continued monitoring of Asian bunker prices and Panama Canal traffic patterns is warranted, as these factors influence global shipping and fuel costs.