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Related tickers and likely impact
PVD
• NeutralPetroVietNam
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Oil Equipment & Services |
| Market cap | 16,375 bn VND |
| P/E | 14.7 |
| P/B | 0.95 |
| Close on 10/16/2026 | 17.65 |
| Change that session | -0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Trump's oil gambit: Ukraine loses out, but several parties benefit
President Trump signed an executive order waiving newly approved sanctions against Russia, and the US Treasury temporarily exempted Russian diesel sales until April 2027, aiming to lower energy prices before the November midterm elections. Trump said 300,000 tonnes of diesel would reach markets immediately, followed by 500,000 tonnes and 1 million tonnes, though some experts see little macroeconomic significance in those volumes. Ukrainian President Zelensky called the deal a “gift” to Russian President Putin, while European leaders expressed regret. China and India benefit as the risk of secondary sanctions falls. Meanwhile, the EU still imported 9.5% more Russian LNG in January–September than a year earlier.
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US Secretary of State Marco Rubio said President Donald Trump's waiver of sweeping sanctions and tariffs on Russia would be a 60-day pause to analyse their impact on the global economy. Trump signed the executive order on Friday, two days before the sanctions law passed by Congress in September was due to take effect, and struck a deal with Vladimir Putin to allow Russian diesel exports in exchange for easing sanctions. Lawmakers from both parties criticised the move, with Republican Senator Thom Tillis calling it “beyond irresponsible.” Ukrainian President Volodymyr Zelensky feared the United States would lift more sanctions and said Trump's action “rewards” Putin.
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Overnight on October 17, Ukraine launched one of the largest drone attacks on Russia this year, targeting an oil facility despite a request from US President Donald Trump to stop hitting Russian energy infrastructure. Russia's Defense Ministry said it shot down 1,015 Ukrainian drones overnight into October 18, and that the St. Petersburg oil port, an Ozon logistics center and a VKontakte data center were among the targets. Trump criticized Zelensky for not wanting to end the war, while Zelensky said US siding with Russia would be a 'historic mistake' and noted that US intelligence sharing had been paused for three days. Trump also lifted sanctions on Russian diesel imports, and Zelensky said Russia had attacked Ukrainian energy sites 76 times since the energy ceasefire was announced.
- Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiver
- US President Trump says Ukraine's leader does not want to end conflict with Russia
US President Donald Trump defended his decision to waive some sanctions on Russia and said Ukrainian President Volodymyr Zelensky is not sincere about ending the war. Trump suspended a new Russia sanctions law by executive order and temporarily waived sanctions on Russian diesel, allowing large volumes of Russian oil into global markets before the November 3 election. He accused Zelensky of targeting Russian diesel refineries, which hurts the global diesel market including the US, while polls suggest Trump's Republican Party risks heavy losses over soaring fuel prices. Zelensky said he felt betrayed by Trump after Ukraine launched a drone attack on an oil depot in St. Petersburg in the early hours of October 18, despite Trump's request to stop hitting Russian energy facilities. Russian Foreign Minister Sergey Lavrov said Zelensky has no desire for a peace deal.
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According to the Wall Street Journal, citing a former Russian intelligence officer, Vladimir Putin reportedly proposed a summit with Donald Trump and Xi Jinping to end the Ukraine war, without Zelenskyy and unconfirmed. The report comes as European allies and some Republicans voice alarm over the U.S. temporarily lifting sanctions on Russian diesel exports, which Zelenskyy said seems wrong. Trump's “energy ceasefire” announced on October 11 did not stop Moscow's strikes on Ukraine's infrastructure, and Ukraine paused its strikes for three days before resuming them. Kyiv also accused Washington of restricting Starshield, the military-grade version of Starlink, cutting connectivity for fast platforms such as interceptor drones; Trump denied the White House ordered this, while Elon Musk said Starshield is controlled by the U.S. government.
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