Global Oil Prices Remain High Amid Persistent Middle East Tensions

Global oil prices are expected to remain elevated as ongoing tensions in the Middle East continue to impact the market, with industry players warning consumers against anticipating immediate relief.

8 Apr, 08:49 — 8 Apr, 08:49

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OIL PRICE WATCH as of April 8, 2026

MANILA, Philippines — With tensions in the Middle East showing no signs of easing, industry players warned that consumers should not expect relief anytime soon, as global oil prices remain highly sensitive to developments in the region. Motorists were jolted last Tuesday by another round of hikes, including a double-digit increase for diesel that pushed

By Dona Policar

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Global Oil Prices Remain High Amid Persistent Middle East Tensions

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OIL PRICE WATCH as of April 8, 2026

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