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World Economy Apr 07, 2026

Vietnam gig workers' earnings slashed as Iran‑linked fuel price surge doubles diesel costs

Rising fuel costs triggered by the Iran‑related blockade of the Strait of Hormuz have forced Vietna…
Vietnam’s gig‑economy is under pressure as fuel prices soar following the Iran‑related blockade of the Strait of Hormuz. Nguyen, an e‑hailing driver in Ho Chi Minh City, reported that a 7‑hour shift earned him 240,000 VND (≈$9.11) while fuel alone cost 120,000 VND (≈$4.56), wiping out half his income.Diesel prices have more than doubled and petrol has risen by almost 30 %, straining riders who rely on motorcycles – the dominant transport mode in a city of over 7 million two‑wheelers.In response, Prime Minister Pham Minh Chinh announced a temporary suspension of the environmental tax on diesel, petrol and aviation fuel until 15 April, a move that will forfeit an estimated $273 million in revenue but aims to curb the price surge.Experts warn the shock highlights Vietnam’s vulnerability to external conflicts. Nguyen Khac Giang, a visiting fellow at the ISEAS‑Yusof Ishak Institute, said the tax cut is essential to “keep macro‑economic stability intact” amid “turbulence outside Vietnam”.Beyond gig workers, the ripple effect reaches public transport and airlines. Bus operators have raised fares by 3,000 VND (≈$0.11) yet still face losses, while Vietnam Airlines and Vietjet have trimmed flight schedules.Gig workers lack collective bargaining power. Do Hai Ha, a University of Melbourne research fellow, noted that platform drivers “have no chance to negotiate with the platforms” and are excluded from minimum‑wage or overtime protections, forcing many to work longer hours for diminishing returns.Small‑scale entrepreneurs are also feeling the pinch. A fisherman from Binh Thuan reported that his catch price fell from 800,000 VND (≈$30) to 650,000 VND (≈$24) as fuel costs climbed, while a bus fare collector on route 13 said the company cannot absorb the higher fuel bill despite modest fare hikes.Households are cutting back on essential goods. Uyen Pham of Saigon Children’s Charity observed that the price of bottled cooking gas has nearly doubled, prompting low‑income families to revert to wood‑fuel stoves and limit travel to see relatives.The crisis is prompting a strategic rethink on energy policy. Giang warned that Vietnam’s reliance on just two refineries – which currently meet only 40 % of national petrol demand – is unsustainable, urging accelerated investment in domestic refining capacity.Corporate responses are already shifting. Vingroup, the country’s largest conglomerate, announced it would pause a planned LNG‑fired power plant and redirect funds to renewable projects, citing “significant risk of high fuel prices” linked to the war.For workers like Duy, who runs a café near a petrol station, the tax suspension offers modest relief: projected price cuts of about 25 % for petrol and 5 % for diesel could ease daily expenses that had briefly doubled.
#vietnam #prices #fuel
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News Apr 07, 2026

Trump's Threat to Crush Iran's Power Grid Raises Stakes for Strait of Hormuz and Regional Energy Security

President Donald Trump has warned Iran that failure to reopen the Strait of Hormuz by a set deadlin…
President Donald Trump issued an ultimatum demanding that Iran reopen the Strait of Hormuz by 8 p.m. Eastern Time on April 7 (midnight GMT on April 8) or face the destruction of national power plants and major bridges.This demand mirrors a March 21 warning in which Trump threatened to strike Iran’s power plants – “the biggest one first” – if the waterway was not fully reopened within 48 hours.Since then, the deadline has been extended several times, with the White House citing progress in secret negotiations aimed at ending the ongoing conflict, a claim Iran publicly denies.While Trump has repeatedly declared that Iran would “lose every power plant and every other plant they have in the whole country,” he has not identified specific facilities as targets.The president has also threatened to demolish Iran’s bridges; a recent U.S.–Israeli strike damaged the B1 bridge in Karaj, a high‑profile structure slated for inauguration, underscoring the tangible risk to civilian infrastructure.Legal analysts warn that such attacks could constitute “collective punishment,” a practice prohibited under international humanitarian law.Iran’s electricity network comprises hundreds of power stations that together form one of the Middle East’s largest grids, supplying power to approximately 92 million people. Most facilities cluster around major population centres—Tehran, Mashhad, and Isfahan—where demand is highest.The generation mix is dominated by natural‑gas‑fired plants, supplemented by coal, oil, hydro, and a single nuclear facility. In the north and centre of the country, dense clusters of gas‑fired stations serve Tehran, Karaj, Isfahan and Mashhad.Along the Gulf coast, a second concentration of plants benefits from proximity to vast gas fields and ports, enabling large thermal stations to operate on abundant natural gas. This coastal belt also hosts the Bushehr Nuclear Power Plant, Iran’s only nuclear reactor with a capacity of 1,000 MW, a site that has been repeatedly targeted by U.S. and Israeli forces, raising concerns about potential radioactive fallout.Hydropower generation is centred on a series of dams along the Karun River, the country’s primary source of hydroelectric power.All electricity is transmitted through a national grid managed by the Iran Grid Management Company, delivering power to cities, industry and households.A map of Iranian power stations with capacities of 100 MW or more shows that a single 100 MW plant can typically supply electricity to 75,000–100,000 homes, depending on consumption patterns.The nation’s largest facility is the Damavand Power Plant in Pakdasht, about 50 km southeast of Tehran, boasting a capacity of 2,868 MW—enough to energise more than two million homes.Key high‑capacity plants include:Damavand (Pakdasht) – Natural‑gas combined‑cycle, 2,868 MW.Shahid Salimi – Neka, Caspian Sea coast, natural gas, 2,215 MW.Shahid Rajaee – Near Qazvin, natural gas, 2,043 MW.Karun‑3 Dam – Khuzestan Province, hydropower, 2,000 MW.Kerman – Natural gas, 1,912 MW.Other strategically important stations are the Ramin Power Plant (1,903 MW, gas), the Bushehr Nuclear Power Plant (1,000 MW, nuclear), and the Bandar Abbas Power Plant (1,330 MW, oil) near the Strait of Hormuz.Iran’s electricity generation is heavily fossil‑fuel dependent: in 2025, 86 % of power came from natural gas, 7 % from oil‑fired plants, about 5 % from hydropower, 2 % from nuclear, and less than 1 % from solar and wind. This makes Iran one of the world’s most gas‑reliant power systems.Targeting the grid would therefore cripple energy supply for millions, disrupt industrial output, and could trigger a humanitarian crisis, while also escalating geopolitical tensions in an already volatile region.
#power #iran #plants
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News Apr 07, 2026

Trump Warns Iran: No Deal, No Reprieve - Hormuz Deadline Stands

US President Donald Trump has reiterated that his Tuesday deadline for Iran to agree to free passag…
US President Donald Trump has issued a stern warning to Iran, stating that the Tuesday deadline for Tehran to agree to free passage through the Strait of Hormuz is final. Failure to comply will result in US strikes on Iranian infrastructure, he emphasized.On Monday, Trump described an Iranian proposal aimed at ending the conflict as 'a significant step' but insufficient to avert US action. The proposal, which includes 10 clauses such as an end to conflicts in the region, a protocol for safe passage through the Strait of Hormuz, the lifting of sanctions, and reconstruction, was conveyed to the US via intermediaries.The Iranian proposal was put forward after Pakistan suggested a 45-day ceasefire, which Iran reportedly rejected, seeking a permanent end to hostilities instead. Iran's diplomatic mission head in Cairo, Mojtaba Ferdousi Pour, stressed that Tehran would only accept an end to the war with guarantees that it wouldn't be attacked again.The Strait of Hormuz, a critical waterway through which about 20% of the world's oil supplies pass, has been a focal point of the conflict. Trump's threat to destroy Iranian infrastructure unless the strait is reopened has caused oil prices to surge and shaken the global economy.Earlier on Monday, Israel struck a key petrochemical plant in Iran's South Pars gas field, killing two commanders of the Islamic Revolutionary Guard Corps. Israel claimed responsibility for the strike, which appeared separate from Trump's threats.The White House confirmed that a ceasefire proposal was under consideration but stated that Trump had 'not signed off' on it. The conflict, sparked by Israeli and US attacks on Iran on February 28, has seen Iran fire missiles at targets across the Middle East.Trump has been vocal about his stance, suggesting that Iran's leaders are 'animals' who have killed tens of thousands of protesters and expressing that he is 'highly unlikely' to postpone the deadline. When asked about concerns that attacks on infrastructure could be classified as war crimes, Trump responded that he is 'not worried about it,' emphasizing that allowing Iran to have a nuclear weapon would be a greater war crime.
#iran #trump #war
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News Apr 07, 2026

Trump's Iran Threats Spark Outrage, Democrats Call for Action

US President Donald Trump's threats to destroy Iran's civilian infrastructure have sparked widespre…
Democrats have strongly condemned Donald Trump's recent threats to destroy Iran's civilian infrastructure, labeling them as potential war crimes and evidence of the president's mental instability.In a profanity-laden Easter Sunday message, Trump threatened to bomb Iran's power plants and bridges if Tehran did not open the Strait of Hormuz. This has prompted several Democratic lawmakers to call for Trump's removal from office, citing concerns over his fitness to serve.Congresswoman Yassamin Ansari, who is of Iranian descent, urged the invocation of the 25th Amendment to remove Trump from the presidency, describing him as a deranged lunatic and a national security threat.Other Democrats, including Hakeem Jeffries and Bernie Sanders, have also criticized Trump's threats, with Sanders calling on Congress to act to prevent the war.Legal experts have noted that attacks on civilian infrastructure would violate international humanitarian law, including the Geneva Conventions and the Pentagon's own Law of War Manual.Despite mounting criticism, Trump's Republican allies have largely supported him, with Lindsey Graham and Don Bacon defending the president's stance on Iran.The conflict has resulted in over 2,000 civilian casualties in Iran, according to Iranian officials, and has raised concerns about the humanitarian impact of the war.
#iran #trump #war
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Politics Apr 06, 2026

Iran Vows Strait of Hormuz Will Never Return to Normal for US, Israel

Iran has responded to US President Donald Trump's threat to attack Iranian infrastructure if the St…
Iran has issued a stern warning that the Hormuz Strait, a vital waterway for global oil shipments, will never return to its former state for the US and Israel. This statement comes in response to a threat made by US President Donald Trump, who set a Tuesday deadline for Iran to open the strait or face 'hell'. Trump's warning included the possibility of the US targeting Iranian power plants and bridges. In response, Iran has pledged to respond 'in kind' to any attacks on its infrastructure. Senior Iranian officials have strongly condemned Trump's remarks as 'incitement to war crimes'. The situation escalates tensions between the US and Iran, with the Hormuz Strait being a critical point of contention. The strait's importance cannot be overstated, as it is a key passage for global oil shipments, and any disruption could have significant impacts on the world economy.
#Iran #United States #Israel
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Us News Apr 06, 2026

Trump’s Easter Egg Roll Shifts to Iran Threats, Sparking Mental‑Health and Nuclear‑Code Concerns

During the White House Easter Egg Roll, President Donald Trump pivoted to celebrating a rescued air…
President Donald Trump opened the traditional Easter Egg Roll on the White House South Lawn alongside a child dressed in a giant bunny costume, before turning the event into a platform for a stark Iran warning to a room of reporters. Hours later, the president entered a packed briefing room flanked by Defence Secretary Pete Hegseth. The press conference highlighted the recent rescue of a U.S. airman whose jet was downed by Iran, a mission Trump praised as "genius" and likened to a Hollywood production. Amid the celebration, Trump shifted focus to a $1.5 trillion Pentagon budget request he had submitted the previous week, emphasizing military spending while domestic programs face cuts. In a chilling turn, the president warned that the United States could "take out the entire country in one night" by targeting Iran’s bridges and power plants, a threat he framed as a potential path to freedom for the Iranian people. He claimed, without evidence, that Iranians would accept such suffering to topple their regime. When a reporter cited the Geneva Conventions, Trump dismissed the concern, questioning the journalist’s affiliation and mocking the New York Times for its declining circulation. Trump also hinted at personal profit, stating, "I'm a businessman first" when asked about seizing Iranian oil, and invoked a quasi‑religious narrative, saying, "God was watching us" during the Easter festivities. Defence Secretary Hegseth, known for his ties to Christian nationalism, likened the rescue to a resurrection, describing the timeline from the aircraft’s downing on Good Friday to its recovery on Easter Sunday as a "pilot reborn". Critics on social media and within Congress have labeled Trump’s rhetoric as "insane" and "dangerous," urging the cabinet to consider the 25th Amendment to assess his fitness for office. The president brushed off mental‑health concerns, suggesting that if his condition were an issue, "you’ll need more people like me." Recent weeks have seen Trump make contradictory statements: first denying the strategic importance of the Strait of Hormuz, then threatening escalation; first boasting of air superiority after a U.S. fighter was shot down, then claiming the war is already won. These erratic pronouncements have heightened worries that the nation’s nuclear launch authority may be in the hands of a leader whose public behavior resembles the "Mad Hatter" of Lewis Carroll’s classic.
#trump #down #who
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Law Apr 06, 2026

Trump’s Iran threats force U.S. officers to choose between illegal orders and war‑crime liability

President Donald Trump’s ultimatum to bomb Iran’s power grid and bridges has ignited a legal crisis…
President Donald Trump’s recent proclamation that Iran must reopen the Strait of Hormuz or face a combined "Power Plant Day" and "Bridge Day" has thrust senior U.S. officers into a stark ethical quandary: obey a presidential directive that could breach international law, or risk court‑martial for insubordination. In a post on his Truth Social platform, Trump warned that failure to comply would result in an unprecedented strike on Iran’s civilian energy infrastructure, a move that legal scholars agree would amount to a war crime against 93 million civilians. Two former judge‑advocate general officers, Margaret Donovan and Rachel VanLandingham, emphasized that such rhetoric, if acted upon, would place service members on a “path of no return,” directly contradicting the extensive legal training that defines permissible orders. Historical precedent underscores the gravity of the situation. During the Vietnam War, officers who participated in the My Lai massacre were ultimately held accountable, with the court rejecting the “just following orders” defence as the orders were deemed “palpably illegal.” Professor Charli Carpenter of the University of Massachusetts Amherst notes that while many troops can identify manifestly unlawful commands in surveys, translating that awareness into real‑time refusal is far more challenging, especially when the military culture heavily emphasizes obedience to the chain of command. Since assuming office, Defense Secretary Pete Hegseth has reshaped the Pentagon’s legal advisory structure, dismissing senior JAG officials and dismantling the Civilian Harm Mitigation and Response unit created under the previous administration. Consequently, service members now rely on a “GI rights hotline,” whose usage has reportedly surged under the current leadership. Beyond conventional strikes, Trump’s escalating rhetoric has raised alarms about the potential use of nuclear force. Under U.S. protocol, the president alone can initiate a nuclear launch, with the “nuclear football” – a briefcase containing strike options and authentication codes – handed to a close aide. The only safeguard is for senior commanders to deem such an order illegal, a step that experts fear may never occur. Former Joint Chiefs Chairman Gen. Mark Milley, during the previous administration, reportedly instructed senior officers to stay involved in any nuclear decision due to concerns about Trump’s volatility. Nuclear weapons scholar Jeffrey Lewis now warns that confidence in any contemporary intervention is essentially nonexistent, citing Trump’s pattern of purging dissenting military personnel. As the deadline looms, the United States faces a precarious balance between upholding international humanitarian law and navigating a command structure that may be unwilling or unable to challenge the commander‑in‑chief’s most extreme directives.
#trump #his #orders
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Commentisfree Apr 06, 2026

Trump’s bomb‑threats to Iran reveal US strategic weakness and moral erosion, warns Guardian editorial

The Guardian editorial argues that Donald Trump’s recent threats to bomb Iran and his vulgar rhetor…
Article 52 of the first Additional Protocol to the Geneva Conventions bars attacks on civilian targets. The International Criminal Court has already issued arrest warrants for Russian officers involved in strikes on Ukraine’s energy grid, a precedent that would apply to the United States if President Donald Trump’s threats to bomb Iran were carried out. Trump, alongside Defense Secretary Pete Hegseth, has adopted a tone that resembles a “blood‑thirsty fever dream.” Hegseth framed the proposed Operation Epic Fury as a 21st‑century crusade, while Trump unleashed a profanity‑laden tirade demanding the immediate reopening of the Strait of Hormuz, warning that “Tuesday will be Power Plant Day, and Bridge Day… Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell.” This rhetoric, emerging just before the United States’ 250th independence anniversary, undermines the credibility of the presidency and the nation’s moral standing. The editorial notes that, in a more restrained political climate, senators like Chris Murphy might explore constitutional avenues to remove Trump, but the current cabinet’s “craven complicity” makes such prospects remote. The international community now watches anxiously, fearing that a broader escalation between the United States, Israel, and Iran could trigger “unknowable and spiralling consequences.” Iran has signaled it could widen its attacks across the region, and the recent closure of the Hormuz Strait demonstrates that Trump’s threats are not merely rhetorical. NATO allies have declined to endorse Trump’s approach, citing the absence of a coherent strategy and a lack of legal justification. They hope the president’s apocalyptic language masks a genuine search for a rapid de‑escalation, especially as global economic pressure mounts. Trump later claimed there was a “good chance” of a cease‑fire with Iran before his deadline, yet hours later Israel bombed a key petrochemical plant in Iran’s largest gas field, contradicting any notion of imminent peace. During a White House press briefing, Trump and Hegseth highlighted the rescue of a missing U.S. fighter crew shot down over Iran, a moment that starkly contrasted with the looming threat to thousands of lives and the stability of the global economy, now hanging on the whims of a president driven by self‑aggrandizement and an echo chamber of advisers.
#iran #nato #israel
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World Apr 06, 2026

US and Iran Receive Proposals for Immediate Ceasefire Amid Escalating Conflict

Mediators from Pakistan, Egypt, and Turkey have circulated proposals for an immediate ceasefire to …
The conflict between the US and Iran has taken a critical turn with mediators from Pakistan, Egypt, and Turkey circulating proposals for an immediate ceasefire to both Washington and Tehran. The goal is to halt the five-week-old war and prevent further escalation, particularly in light of Donald Trump's threat to bomb Iran's power plants if the Strait of Hormuz is not opened.The mediators are pushing for both sides to agree to suspend hostilities and reopen the strategic Strait of Hormuz, a critical waterway for global oil shipments. This temporary ceasefire would be followed by a period of detailed negotiations aimed at reaching a more comprehensive peace agreement.Iranian officials have indicated that they would not agree to open the Strait of Hormuz as part of a temporary ceasefire. Additionally, reports suggest that Iran is wary of entering into an agreement that could be violated by periodic attacks from the US and Israel.Trump's ultimatum has been met with strong resistance from Iran. The country's foreign ministry spokesperson, Esmaeil Baghaei, stated that peace negotiations are incompatible with ultimatums and threats of war crimes. Iran's central military command has warned of a 'much more devastating' retaliation should the US and Israel escalate their actions.Lawyers and experts have condemned the potential bombing of power plants and bridges as a likely war crime due to the disproportionate impact on civilians. The international community remains on high alert as the situation continues to deteriorate.Oil prices have fluctuated in response to the developments, with Brent crude futures initially falling by $1.92 to $107.11 a barrel on hopes of de-escalation before rising again. The conflict has already led to significant increases in oil prices, which were at $70 a barrel before the US and Israel attacked Iran at the end of February.The situation on the ground remains volatile, with Israel claiming responsibility for strikes on Iranian petrochemical facilities and Iran's Revolutionary Guards. There have been reports of casualties on both sides, including a missile strike in Haifa, northern Israel, and bombings in Beirut's southern suburbs.
#iran #israel #war
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