Latest in global oil pricesU.S. President Donald Trump said he would again extend a deadline for Iran to reopen the Strait of Hormuz or face potential strikes on its energy infrastructure, even as Tehran rejected a 15-point U.S. proposal to end the conflict as one-sided. “Talks are ongoing and, despite erroneous statements…
Manila City Mayor Francisco “Isko” Moreno Domagoso on Monday morning, March 16, announced the release of ₱1.76 billion in financial assistance, incentives, and revenue shares to pump-prime the local economy as global oil prices surge amid the ongoing armed conflict in the Middle East. Domagoso…
A transport group and an economic think tank on Saturday accused the Department of Energy (DOE) of acting as a mouthpiece for oil companies as fuel prices continue to rise amid global market tensions. Orlando Marquez Sr., president of the Liga ng Transportasyon at Operators sa Pilipinas (LTOP)…
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