Middle East Updates

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

BSP seen to turn hawkish amid Middle East crisis

The Bangko Sentral ng Pilipinas (BSP) may be forced into a defensive interest rate hike…

UN maritime body meet on Mideast shipping

The International Maritime Organization (IMO) will begin an “extraordinary session” on Wednesday to discuss shipping…

Trump faces impasse over Iran war

Having failed to clearly define an objective or exit strategy—and sell the American public on…

PH in process of acquiring 2M barrels of fuel–DOF chief

The government is now in the process of acquiring two million barrels of oil from…

Airfares to rise sharply in April as CAB hikes fuel surcharge

Travelers booking local or international flights in April will face sharply higher airfares after the…

Banks brace for Mideast war fallout–Moody’s

Philippine banks could face pressure from the ongoing war in the Middle East, which could…

Biz leaders: PH can withstand MidEast crisis

Some of the country’s biggest conglomerates remain confident that Philippine businesses can withstand the economic…

Israel says it killed Iran’s paramilitary chief

DUBAI, United Arab Emirates—Israel said on Tuesday it had killed the head of the Iranian…

Trump vows to ‘take’ Cuba as island reels from fuel crisis  

HAVANA, CUBA—US President Donald Trump vowed on Monday to “take” Cuba as the communist island…

PH fuel prices ‘most expensive’ yet, as peso almost 60:$1

Energy Secretary Sharon Garin said the country will log its “most expensive” fuel prices yet…