Middle East Updates

Developments in the Mideast war and its impact on Asia-Pacific

PSEi keeps sliding amid Middle East woes

Philippine stocks slipped further on Monday as escalating tensions in the Middle East, high oil…

Fresh strikes deepen Hormuz deadlock

Iran launched fresh attacks against US targets in the Middle East on Wednesday in retaliation…

Diesel, gasoline prices in NCR hit P100 mark

Diesel and gasoline prices in Metro Manila again hit the P100 mark, rising to as…

Iran eyes ‘exclusion zone’ near Strait of Hormuz

CAIRO—The new head of Iran’s Supreme National Security Council on Sunday said Tehran plans to…

Fuel price rollback in 1st week of September

Pump prices dropped in the first week of September, with Seaoil’s gasoline price reduced by…

US strikes Iranian rocket launchers on Strait of Hormuz

WASHINGTON—US forces struck Iranian rocket launchers on the Strait of Hormuz in their first military…

Gov’t to unload more LPG inventory at P60/kilo

The Department of Energy (DOE) is looking to sell remaining government-procured liquefied petroleum gas (LPG)…

US vows ‘economic asphyxiation’ of Iran with fresh sanctions

Washington, USA—US Treasury Secretary Scott Bessent on Monday laid out plans for the “economic asphyxiation”…

Fuel prices up by as much as P5 on Aug. 18

Local retailers will raise prices of petroleum products by as much as P5 on Tuesday.…

Fuel price rollback on Aug. 11

A fuel price rollback of more than P4 awaits motorists on Tuesday. Prices of gasoline…