
Hormuz closure threatens summer fuel scarcity
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
· 2 min read
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Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
· 2 min read

The Soviets seized the Imperial Romanov collection after the 1917 Russian Revolution.
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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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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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After the weekend rush surrounding the launch of the new Swatch x Audemars Piguet collection, resellers are already cashing in online, with some pieces being…
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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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Global digital business services firm TP said its AI-powered debt collection platform achieved up to a 40 percent debt recovery rate while matching human-level…
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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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Critics and collectors alike were enamored by the tactile richness of the collection, noting that Go doesn’t just chart borders; she navigates the emotional…
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Young chefs recently stepped beyond the classroom and into the realities of the food industry through a hands-on culinary training program designed to prepare…
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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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