Hormuz to reopen under U.S.-Iran deal
Iran had blockaded the strait since the start of the war, sending oil prices soaring and raising fears of a prolonged inflation shock.
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Daily TribuneTopic
Iran had blockaded the strait since the start of the war, sending oil prices soaring and raising fears of a prolonged inflation shock.
· 2 MIN READ
Even with a US-Iran peace deal, returning to pre-war fuel price levels will take another six to12 months.
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The government is not ready to lift the energy emergency declaration despite signs of a breakthrough in United States/Iran peace talks, with Energy Secretary…
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Global oil markets fell sharply at the start of the week after reports of a framework agreement between the United States and Iran raised expectations that the…
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The Philippines could see fuel prices continue to ease if a reported United States-Iran agreement materializes this week, but the recent oil shock has already…
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A few years back, I sat with car lovers, yes, most of them men, and we talked about why we drive.
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The vessel SMYRTOS was boarded by Royal Marine Commandos and specially trained law enforcement officers.
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‘We expect the BSP to hike the policy rate by 50 bps to 5.0 percent from 4.5 percent, as elevated inflation remains the key policy concern despite softer…
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BADOC, Ilocos Norte — The Philippine Coast Guard (PCG) has declared that no traces of oil remain along the shoreline and coastal waters of Badoc following the…
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CAGAYAN DE ORO CITY — A pineapple plantation worker was killed after being struck by lightning during a thunderstorm in the outskirts of Sumilao, Bukidnon, on…
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Diesel rolls back at P4/L, gasoline spikes anew
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‘I think that will again spike the prices more than anything else. Anything that happens there affects the prices. If there’s a declaration (of full closure)…
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Between 200,000 and 340,000 OFWs could lose their jobs if the war continues, a displacement that would compound the energy crisis with a demand-side collapse…
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Marines from the Marine Battalion Landing Team-8 (MBLT-8) joined the Philippine Coast Guard and other government agencies in containing an oil spill after…
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Overshadowing the expected rollback of up to P1.70 per liter for gasoline, effective today are hefty increases of P3.77 to P5.77 per liter of diesel and from…
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Global oil prices climbed closer to the $100-per-barrel mark on Monday, 8 June, as investors weighed supply risks in the Middle East, OPEC+ production policies…
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The relief motorists got from this week’s sharp diesel price rollback could be short-lived, with industry estimates pointing to a fresh increase of up to P4.50…
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The northbound Quezon Avenue Flyover along EDSA was temporarily closed Friday morning after an oil spill caused by a tanker-related vehicular accident,…
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