Likely oil slicks in Strait of Hormuz after tanker strikes
Two of the detected tracks start exactly where the tankers Riesco and Kylo transmitted their last signals before being sunk.
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117,251 results for “Strait of Hormuz blockade global oil price impact Philippines”
Hefty fuel price cuts kick off,but global oil risks linger
Motorists get major fuel price relief this week as gasoline, diesel and kerosene prices fall by up to P4.88 per liter, though global oil market volatility…
Oil tanker in Strait of Hormuz hit by ‘unidentified projectile’
Iran’s Revolutionary Guards announced on Saturday that they had attacked American positions in the Gulf after US strikes on Iran.
South Korean oil tanker passes through Strait of Hormuz
A South Korean-flagged oil tanker successfully transited the Strait of Hormuz for the first time since the Iran war began, signaling a cautious breakthrough…
Sherwin Gatchalian outlines measures to ease impact of oil price crisis amid war in Middle East
Senator Sherwin Gatchalian speaks with the media during the weekly Kapihan sa Manila Bay forum in Manila on Wednesday, 6 May 2026. Gatchalian, chair of the…
Iran defies Trump’s blockade as oil prices soar
The US blockade is designed to force Tehran to surrender its nuclear program.
Iran won’t reopen Hormuz if blockade stays
Truce extended to allow more time for peace talks.
Balikatan fuel use largely unaffected by global oil price surge, advance planning eased impact
Balikatan 2024 fuel use remains largely stable despite a global oil price surge, as Philippine, US, Japanese and Canadian forces rely on advance fuel…
Garin to meet US Embassy over Hormuz blockade
Energy Secretary Sharon Garin will meet US Embassy officials to discuss the reported Strait of Hormuz blockade and its impact on the Philippines’ oil supply,…
Hormuz blockade drags PSEi, peso lower
The Philippine stock market and peso weakened as the United States imposed a blockade on the Strait of Hormuz, heightening Middle East tensions, disrupting…
U.S. blockade of Hormuz sparks oil shock fears
The United States’ blockade of the Strait of Hormuz escalates tensions with Iran, threatening global oil supply, raising fuel prices, and putting the…
DFA: Phl-Iran pact for safe passage via Strait of Hormuz remains in force despite US blockade plan
DFA says the Philippines–Iran agreement ensuring safe passage of Manila-bound oil vessels and Filipino seafarers through the Strait of Hormuz remains in effect…
Hormuz blockade drags PSEi, peso lower
The US naval blockade of the Strait of Hormuz dragged the Philippine Stock Exchange Index and the peso lower on April 13, as collapsed US–Iran peace talks…
Palace: Marcos open to Bayanihan 3 proposals to ease oil price impact
President Ferdinand Marcos Jr. is open to a proposed Bayanihan 3 measure to cushion Filipinos from rising oil prices and the economic fallout of the Middle…
Manila secures Hormuz passage, no impact on Philippines-US ties — Palace
The Philippines has secured safe passage for its oil shipments through the Strait of Hormuz, safeguarding fuel supply amid Middle East tensions while keeping…