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global oil prices Philippines impact

Latest Daily Tribune news and analysis on global oil prices Philippines impact.

  1. FEDERATION of Philippine Industries chairperson Elizabeth H. Lee said, “The reality is that elevated energy costs dampen consumption, slow economic activity, and constrain industrial output. Normalization will take time — it is not immediate,” Lee said.

    Ceasefire relief seen slow for businesses

    A temporary ceasefire between the United States and Iran may help ease global oil prices, but Philippine businesses are unlikely to feel immediate relief as…