Fuel shortages bite as oil facilities attacked
MOSCOW, Russia (AFP) — Standing at a Moscow petrol station, taxi driver Safarali Nazarov said he was so frustrated at being forced to queue for fuel he was…
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Daily TribuneTopic
MOSCOW, Russia (AFP) — Standing at a Moscow petrol station, taxi driver Safarali Nazarov said he was so frustrated at being forced to queue for fuel he was…
· 2 min read
TEHRAN (AFP) — Iran’s Revolutionary Guards on Thursday warned against any crossings of the Strait of Hormuz without authorization, saying vessels not complying…
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The United States temporarily suspended sanctions on Iranian oil Monday after Vice President JD Vance said Tehran would allow U.N. nuclear inspectors to return.
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Our inflation is going bonkers at almost a 7-percent clip, which is way over the 2- to 4-percent target of our economic planners.
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‘There will be a rollback despite reports about the situation in the Strait of Hormuz. Even if developments occur today or tomorrow, fuel prices should remain…
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The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
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MORE Power said Wholesale Electricity Spot Market prices surged to P10.30/kWh from P4.45/kWh, more than doubling during the period; the generation rate, which…
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Fuel prices are projected to decline sharply, with global oil markets shedding much of the geopolitical “war premium” that drove prices higher earlier this…
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The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
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TOKYO, Japan (AFP) — Summer is coming, a boom time for ice cream makers, but Japanese authorities have raided six major firms on suspicion of colluding to…
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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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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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