Three seamen ‘trapped’ in stricken ship
BANGKOK, Thailand (AFP) — Three crew members believed to be trapped aboard a Thai bulk carrier hit by projectiles while travelling through the crucial Strait…
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BANGKOK, Thailand (AFP) — Three crew members believed to be trapped aboard a Thai bulk carrier hit by projectiles while travelling through the crucial Strait…
· 1 MIN READ
BAGHDAD (AFP) — An attack on two oil tankers near Iraq killed at least one crew member, an Indian national, as Iran pressed a campaign aimed at disrupting…
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Iran’s blockade of the Strait of Hormuz has stranded some 7,313 Filipino seafarers, as they await the green light to traverse the now deadly shipping lane. The…
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Filipinos might have felt the effects of this distant war less harshly if there were more foresight and if actions were swift.
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Oil prices soared Thursday and stocks sank as Iran struck two tankers in Iraq and threatened to bring down the global economy, overshadowing a record release…
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Japan will release strategic oil reserves as early as Monday, Prime Minister Sanae Takaichi said, a unilateral move by the import-dependent Asian economy…
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Saudi Arabia said it intercepted seven ballistic missiles.
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WASHINGTON, United States (AFP) — The United States has not escorted any oil tanker through the Strait of Hormuz, the White House said Tuesday, after the…
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For heavily import-dependent economies, like the Philippines, the effect is amplified.
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The House of Representatives on Wednesday approved on second reading a measure authorizing President Ferdinand “Bongbong” R. Marcos Jr. to temporarily suspend…
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Philippine equities extended their gains on Wednesday, with the Philippine Stock Exchange index (PSEi) closing at 6,158.33, up 31.67 points or 0.52 percent.
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President Ferdinand “Bongbong” R. Marcos Jr. has ordered the immediate distribution of a P5,000 fuel subsidy to public utility drivers affected by rising fuel…
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Department of Social Welfare and Development Secretary Rex Gatchalian together with members of other government agencies announced this Wednesday that a P5,000…
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Transport groups on Wednesday assured the House of Representatives that they would maintain current fares despite the sharp increase in fuel prices on Tuesday.
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Amid rising prices of fossil-based commodities triggered by the conflict in the Middle East, the Institute for Climate and Sustainable Cities (ICSC) urged the…
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Following President Trump’s remarks suggesting conflict with Iran could de-escalate, global oil prices eased, tempering fears of a major supply disruption in…
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We need to see the President on top of things. Not out there posturing before the rest of the world as if his opinion mattered.
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While the immediate response is a show of ‘performative action,’ the gains are very small.
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