Middle East Updates

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

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…

Diesel, gasoline prices drop by less than P1/L

After weeks of oil price hikes, local diesel and gasoline prices dropped by less than…

Oil prices fall nearly 5% after US announces new Iran talks

Tokyo, JAPAN—Oil prices tumbled on Monday in early Asia trade after US President Donald Trump…

Airfares to rise anew as fuel surcharge climbs

After getting a brief reprieve in July, travelers flying within and out of the Philippines…

US holds fire against Iran as munitions ‘dwindle’  

Tehran, IRAN—Iran passed another night without US airstrikes on Sunday, as Washington paused a war…

US launches strikes to ‘punish’ Iran over troops’ killing

Tehran, IRAN—The United States said airstrikes on Sunday aimed to “punish” Iran over the first…

Big fuel price hikes loom due to US-Iran war flare-up

Motorists will again have to brace for big-time oil price increases of up to P10…

Iran strikes neighbors after new US attacks

Tehran, IRAN—Tehran announced it was closing the Strait of Hormuz on Sunday and launched missiles…

Shipping employers and unions still consider Hormuz a war zone

Unions and shipping employers said in a statement on Wednesday that they will continue to…