“If we ever get through this Middle East conflict, I can only ask what next?”
IT WOULD seem that the Middle East conflict can only worsen.
The big question now is who will blink first, the United States with Donald Trump saying it will only end when all the leaders of Iran are gone. On the other hand Iran says it will not end soon but much much later on.
I can only quote the headline of one of today’s newspapers about the situation right now:
Another double-digit spike in oil prices set.
“Another double-digit spike at the pump is looming next week, amid the global oil crisis, threatening to push diesel above P100 per liter and gasoline close to the P90 mark.
Diesel may surge by P19.30 to P22.30 per liter, where gasoline could jump by P14 to P17 per liter.
The estimates were based on four days of trading on the Mean of Platts Singapore, a key pricing benchmark for refined petroleum products.
The Middle East war, which paralyzed maritime traffic through the Strait of Hormuz, has “severely disrupted the supply chain” by cutting crude shipments from one of the world’s largest oil-producing regions.”
On the part of the Philippines, with the Middle East war affecting the global economy, which we saw after Iran closed the Strait of Hormuz, where 20 percent of the world’s oil needs goes through, I can only pray to God that it will be resolved soon.
For the Philippines with our oil dependency on the supply from the Middle East, we can only hope and pray that it will be solved. Signs are already showing that the food supply of the country is greatly affected and prices have already risen.
In the first place, the government cannot continue subsidizing the country’s transport industry as it does now.
In the second place, with our kind of politics, things can only worsen for the country.
My gulay, with the recent flood control mess still unresolved, now comes this tragedy.
For a small country like the Philippines, with no less than the whole world suffering from the Middle East war, things can only worsen.
It does seem that problems come one after one another.
First the Flood Control mess, now this US-Iran conflict. Santa Banana, what will come next?
With the big countries now affected by the Middle East war, we can only hope and pray that the Philippines will not suffer as much. This Middle East conflict affects everybody, especially the marginalized.
If we ever get through this Middle East conflict, I can only ask what next? I hope and pray that God will spare us from this tragedy.
