Brent crude rose nearly 2% to $117 a barrel and U.S. WTI gained 1.6% to $103 on the afternoon of Oct. 30, extending October's gain to about 14%, the fourth straight monthly rise. Prices climbed after a tanker was hit by an explosive device in the Strait of Hormuz, with no group yet identified, as the Middle East conflict entered its eighth month. On Oct. 29, Iran-backed Houthi forces said they struck several Saudi sites, including the Ras Tanura and Rabigh refineries and an Abqaiq facility of Saudi Aramco. U.S. media reported that Vice President JD Vance sent a letter to Iran's top security official to revive peace talks, though Tasnim said Tehran had not responded and set conditions. Analysts expect further volatility in coming weeks, and even if the conflict ends, crude could trade at $70-90 a barrel, versus $60-70 before the fighting.
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Original headline: Giá dầu thế giới tăng 4 tháng liên tiếp
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oil pricesStrait of HormuzIrangeopolitics
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Related tickers and likely impact
GAS
▲ Likely positivePetroVietnam Gas
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Gas Distribution |
| Market cap | 183,384 bn VND |
| P/E | 14.4 |
| P/B | 2.67 |
| Close on 10/30/2026 | 78.00 |
| Change that session | +2.63% |
PVD
▲ Likely positivePetroVietNam
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Oil Equipment & Services |
| Market cap | 17,024 bn VND |
| P/E | 15.3 |
| P/B | 0.98 |
| Close on 10/30/2026 | 17.95 |
| Change that session | -2.18% |
BSR
▼ Likely negativePetrovietnam Refining and Petrochemical
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Integrated Oil & Gas |
| Market cap | 138,452 bn VND |
| P/E | 7.0 |
| P/B | 1.90 |
| Close on 10/30/2026 | 27.60 |
| Change that session | -0.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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