Middle East oil crisis hits Phu Quoc megaprojects for APEC 2027

AI Summary

A global oil crisis stemming from the Middle East conflict is severely disrupting diesel supplies to Phu Quoc Island, where Vietnam is constructing infrastructure for APEC 2027 including a convention center, roads, hotels, and airport expansion. The shortage threatens to delay critical construction timelines ahead of the high-profile international summit. The situation highlights the intersection of geopolitical energy disruptions and Vietnam's diplomatic infrastructure ambitions.

A global oil crisis triggered by the Middle East conflict is choking diesel supplies to Phu Quoc Island, where Vietnam is racing to build a convention center, roads, and hotels and expand the airport for the APEC 2027 Economic Leaders' Week.