Vietnam’s gig workers slammed by rising fuel costs amid fallout of Iran war
Summary
In Vietnam, gig workers are struggling with rising fuel costs due to disruptions in oil supplies caused by the US-Israel conflict with Iran. Vietnam usually gets most of its crude oil from Kuwait, but supply issues have led to increased fuel prices, affecting the livelihoods of e-hailing drivers and others who rely on affordable fuel.Key Facts
- Many gig workers in Vietnam are spending a large part of their earnings on fuel.
- Vietnam's crude oil supply from Kuwait has decreased because of disruptions related to the Iran conflict.
- Fuel prices have significantly increased, with diesel prices more than doubling.
- The Vietnamese government has temporarily suspended an environmental tax on fuel to help reduce prices.
- Public transport is under strain, and airlines have reduced flights due to increased costs.
- Gig workers are particularly affected because of their high fuel use and lack of labor protections.
- Companies, like bus operators, are also facing financial challenges due to higher diesel costs.
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