Middle East Updates

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

Brent crude trades near $105; Iran strikes more Gulf targets

BANGKOK—Brent crude oil traded near $105 per barrel on Monday as Gulf countries reported more…

PSEi hits lowest level this year on Middle East woes

Philippine stocks slipped further on Monday as investors remained cautious over geopolitical conflicts in the…

T-bill rates rise further on Iran war worries

The escalating Middle East war continues to rattle investors, who demanded higher returns for the…

How will the Middle East conflict affect economies in Asia, the Pacific?

Geopolitical risk is again at the center of the global economic outlook. While Asia and…

Iran war: Philippine fallout

The question I keep getting asked these days is how the Iran conflict will hit…

Asean states working on fuel-sharing deal

The Association of Southeast Asian Nations (Asean), which the Philippines currently chairs, will expedite the…

Fuel price surge halts fishing in Misamis Oriental

OPOL, MISAMIS ORIENTAL—Rising fuel costs triggered by escalating tensions in the Middle East are beginning…

Trump to allies: Send ships to Strait of Hormuz

Manama, BAHRAIN—US President Donald Trump called for other nations’ warships to help protect world oil…

US bombs military sites on Iran’s Kharg Island  

DUBAI, UNITED ARAB EMIRATES—President Donald Trump said that the United States destroyed military sites on…

Asean ministers urge ceasefire in Iran amid economic threats

A drawn-out conflict in the Middle East could eventually ripple across Southeast Asia and dampen…