U.S. military fires on ship violating blockade
WASHINGTON, United States (AFP) — The US military said Saturday it had disabled a Gambia-flagged cargo vessel attempting to sail to an Iranian port by…
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WASHINGTON, United States (AFP) — The US military said Saturday it had disabled a Gambia-flagged cargo vessel attempting to sail to an Iranian port by…
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Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
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The United States has warned commercial vessels transiting the Strait of Hormuz to remain on high alert as Washington prepares for what it described as major…
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Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict…
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Fuel prices are expected to decline sharply after nearly a month of consecutive increases, as easing concerns over Middle East supply disruptions weigh on…
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The Department of Migrant Workers on Tuesday said it is closely monitoring vessels transiting the Strait of Hormuz amid ongoing tensions…
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For decades, the Philippines approached energy security largely through the logic of globalization: import what is needed, rely on international markets, and…
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Pump prices for petroleum products are expected to rise again next week, with diesel and gasoline likely to see fresh hikes amid the tight global supply and…
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Six weeks since a fragile ceasefire took effect, talks to end the war have made little progress.
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LONDON, United Kingdom (AFP) — The UK government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third…
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SEOUL, South Korea (AFP) — A South Korean oil tanker is currently passing through the Strait of Hormuz, the country’s top diplomat said on Wednesday, marking…
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The Philippine Stock Exchange Index (PSEi) extended its decline on Tuesday while the peso held steady at the record low of P61.75 posted a day earlier,…
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The Philippine Stock Exchange index (PSEi) extended its decline on Monday, falling 35.25 points or 0.59 percent to 5,941.52, as investors remained cautious…
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MISAMIS ORIENTAL — Authorities from the Philippine National Police-Criminal Investigation and Detection Group Regional Field Unit 10 (PNP-CIDG RFU 10) seized…
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ABOARD AIR FORCE ONE/DUBAI, May 16 (Reuters) - U.S. President Donald Trump said Chinese President Xi Jinping had agreed Tehran must reopen the Strait of…
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Industry estimates show diesel prices could jump by P2 to P2.50 per liter by Tuesday morning, while gasoline prices may climb by P0.75 to P1.25 per liter,…
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Hongkong and Shanghai Banking Corporation (HSBC) has cautioned that the Philippines is increasingly showing signs of stagflation as soaring oil prices and…
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The proposed $1.75-billion financing package comes on top of some $2 billion in policy-based loans already being prepared by the multilateral lender for the…
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