Middle East Updates

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

Trump: Iran blockade could last months

President Donald Trump said that a US naval blockade against Iran could last months, leading…

UAE exit from Opec shakes up alliance

The decision by the United Arab Emirates (UAE) to leave the Organization of the Petroleum…

How PH oil execs see UAE departure from Opec 

The decision of the United Arab Emirates (UAE) to leave Opec and Opec+ groups of…

Airfares still high in May despite lower fuel fee

Pricey airfares are expected to persist through the first half of May after the Civil…

US examining latest Iran proposal on Hormuz unblocking

The White House said on Monday that it was examining Iran’s latest proposal to unblock…

PH gains new access to Russian oil as price drops continue

The Philippines has gained new access to Russian crude and petroleum products after the United…

Trump cancels Pakistan talks trip, says Iran war on hold

Washington—US President Donald Trump canceled his envoys’ trip to Pakistan for peace talks with Iran…

Bangladesh fuel crunch forces hours long wait at the pump

Dhaka, BANGLADESH – Day and night, drivers queue for hours for the chance to refill…

Iran seizes two ships, keeps Hormuz closed

Iran’s vow not to reopen the Strait of Hormuz — so long as a US…

Airfares to soar as fuel surcharge doubled in mid-April

Travelers flying within and out of the Philippines are facing significantly higher airfares for the…