Middle East Updates

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

New diesel price cut expected next week

The prices of diesel in Metro Manila could drop to P70 to P90 per liter…

Asia faces ‘Super El Niño’ still reeling from Mideast conflict

Bangkok, THAILAND—Already reeling from the effects of conflict in the Middle East, Asia is now…

No service cuts for unpaid power bills until July–ERC

The Energy Regulatory Commission (ERC) has ordered power distribution utilities, including Manila Electric Co. (Meralco),…

US pauses Hormuz escorts

US President Donald Trump said on Tuesday that his new initiative aimed at breaking Iran’s…

Thailand to borrow $12.2B as Mideast crisis bites

Bangkok—Thailand approved a $12.2 billion emergency borrowing package on Tuesday to cushion the economic impacts…

US-Iran ceasefire on brink as UAE reports attacks

Tehran, IRAN—A ceasefire between Iran and the United States was teetering on Monday as the…

P2/L fuel hike follows 3 weeks of price drop

After three weeks of rollback from surging fuel prices, motorists are back to facing a…

Iran warns US forces against entering Strait of Hormuz

Iran’s military said on Monday that US forces would be attacked if they entered the…

Oil prices may stay high into 2027 amid Hormuz disruptions

Oil prices are likely to remain elevated for longer than previously expected as disruptions in…

More Nepalis drive electric, evading fuel shocks

KATHMANDU, Nepal—As global fuel markets reel from the Middle East war, motorists in Nepal are…