Global oil spike may trigger P5/L diesel hike
GAS station personnel assist motorists refueling at a station along East Avenue in Quezon City on Friday, 20 June. The Department of Energy warned that diesel prices may increase by up to P5 per liter next week due to rising global oil prices. President Ferdinand Marcos Jr. earlier said the government is prepared to provide fuel subsidies to sectors most affected by potential oil supply disruptions stemming from tensions between Israel and Iran.
Photo by Analy Labor for DAILY TRIBUNE
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