Saturday, May 2, 2026
Today's Print

Tag: Oil crisis

A world on edge and Filipinos paying the price

"Who is preparing for the next oil shock, for the next price surge, for the possibility that bombs may fall again in the Middle...

‘Trump Effect’ on Energy

The recent fuel price rollback is less a sign of stability and more a reflection of how volatile the global oil market has become,...

‘Toll discounts must also cover private vehicles’

CAVITE First District and House Committee on Labor and Employment chairman Rep. Jolo Revilla  has pushed for the expansion of existing toll discount programs...

Lacson cites constitutional path to realign BSKE funds for crisis response

Reallocating the budget for the Barangay and Sangguniang Kabataan Elections (BSKE) from the Commission on Elections (Comelec) to external agencies raises constitutional concerns.  But Senate...

Oil surges, stocks fall as Trump orders to blockade Strait of Hormuz

Hong Kong, China—Oil prices surged and stocks sank Monday after US-Iran peace talks fell apart and Donald Trump announced a blockade of the strategic Strait...

Saudi says east-west pipeline, energy facilities restored after attacks

Riyadh, Saudi Arabia—Saudi Arabia's energy ministry said on Sunday that its key east-west oil pipeline and other facilities had been restored following attacks by Iran...

Iran doing ‘poor job’ of letting oil through Hormuz—Trump

Washington, United States—US President Donald Trump on Thursday accused Iran of doing a "very poor job" of allowing oil through the Strait of Hormuz...

‘Whole civilization will die’ if deadline not met—Trump

US President Donald Trump warning “a whole civilization will die” if a midnight deadline (Wednesday morning, Manila time) for a deal to open the...

Stocks rally, oil dives as Trump seeks to end war

Hong Kong, China—Equities rallied and oil tumbled Wednesday after US President Donald Trump said the Middle East war would be over in up to three...

Trump says other countries should ‘just take’ the Strait of Hormuz

Washington, United States—US President Donald Trump said Tuesday the countries that have not joined the Middle East war but are struggling with fuel shortages should...

P50/kilo price cap on imported rice set

President Ferdinand Marcos Jr. on Tuesday announced a P50 per-kilo price cap on imported well-milled rice and unveiled a broad package of subsidies and...

President Marcos orders DFA to talk to Iran

President Ferdinand Marcos Jr. has directed the Department of Foreign Affairs to initiate discussions with Iran to help ensure the safe passage of Philippine-bound...

Iran defiant as Trump threatens to destroy oil island

Tehran, Iran—Iran fired new missiles early Tuesday as it vowed defiance against US President Donald Trump, who threatened to destroy the country's oil export hub...

Iran Guards warn civilians after Trump pushes Hormuz deadline

Washington, United States—Iran's Revolutionary Guards urged civilians across the Middle East Friday to stay away from areas near US forces, ramping up its threats...
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