Middle East Updates

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

Oil prices surge as US set to block Hormuz

Oil prices surged and stocks sank on Monday after US-Iran peace talks fell apart and…

Fuel price rolled back by as much as P23/L

Fuel price rollbacks by as much as P23 per liter take effect on Tuesday—a rare…

PH oil supply extended 64 days after new orders

The country’s estimated oil supply has been extended to 64 days following new orders that…

PH needs P429-B crisis fund if Iran war lasts all year

The government may need a total of P429 billion to fund its ongoing response measures…

Cuba’s answer to fuel woes? An underwater bus

HAVANA—On a recent sweltering afternoon in the Cuban capital, dozens of commuters on bicycles, scooters…

Trump slams Pope Leo over Iran war

WASHINGTON—US President Donald Trump attacked Pope Leo XIV on social media on Sunday, saying the…

1Sambayan: Energy deals in WPS must follow PH laws

A joint energy exploration with any foreign state in the West Philippine Sea (WPS) must…

Senators ask: Why seek US approval to buy Russian oil? 

Amid government efforts to obtain a larger oil supply, senators asked the Department of Foreign…

Jeepney group sets 3-day PH-wide strike to push fuel tax suspension

Despite a projected rollback in fuel prices this week, transport group Manibela announced on Monday…

PSEi slips on renewed Mideast war jitters

Local stocks retreated on Monday as renewed Middle East war jitters dampened investor sentiment. The…