Latest in Iran conflictThe most punishing oil price surge in modern history isn’t over yet. Global oil prices extended their historic climb on Monday, March 30, as Yemen’s Houthi rebels launched their first attacks on Israel since the start of the Iran conflict, deepening fears that a widening war in the Middle East…
For now, food remains available. Rice is being harvested, fish supply is steady, and markets are holding despite rising costs linked to tensions in the Middle East. That buffer, according to Agriculture Undersecretary Asis Perez, comes down to timing. The crisis coincided with harvest season…
Manila City Mayor Francisco “Isko” Moreno Domagoso has immediately moved to cut fuel consumption in city government operations by 50 percent ahead of an anticipated oil shock triggered by the effective closure of the Strait of Hormuz and escalating conflict in Iran. Under Executive Order No. 7…
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