29 related stories
A Chinese oil tanker, subject to US sanctions, successfully traversed the Strait of Hormuz, reportedly breaching the US-imposed blockade. This incident has sparked debate over the blockade's effectiveness and legality, drawing criticism from Iran.
Cotabato City and other Philippine areas, including Visayas, are bracing for intensifying heat conditions with danger-level heat indices expected on Tuesday and Wednesday, with forecasts reaching up to 56ºC in some regions like Cotabato City.
Philippine authorities have identified the owner of a barge caught carrying P9.5 million worth of allegedly smuggled fuel.
The Cybercrime Investigation and Coordinating Center (CICC) warned that online gaming platform Roblox could still be banned in the Philippines if it fails to meet its child-protection commitments to the government.
Passengers traveling between Batangas Port and Abra de Ilog in the Philippines will face higher ferry fares starting Tuesday, as shipping operator Island Waters announced a rate increase citing rising fuel costs.
The Philippines' DEPDev Secretary Arsenio Balisacan has warned that a proposed 2026 supplemental budget could exacerbate the country's fiscal situation, noting the current lack of financial flexibility compared to the COVID-19 pandemic's onset.
A potential US naval blockade targeting Chinese dependence on Iranian oil could lead to new US-China tensions, global economic pressure, and a significant rise in oil prices.
The United States and the Philippines are reportedly planning their biggest-ever joint military drills, occurring amidst increasing regional war threats.
Greece is anticipating a record amount of tax dues to be collected this year.
The Philippine government estimates it may need P429 billion to fund its response measures if the Middle East conflict persists until year-end, according to the Department of Economy, Planning, and Development.
The US Energy Secretary stated that oil prices are likely to reach their peak in the next few weeks. This forecast suggests a period of continued high prices before a potential stabilization or decline.
Indonesian President Prabowo Subianto conducted diplomatic visits, holding discussions on oil in Moscow before traveling to France for further engagements.
Retired military generals in the Philippines have asked the Supreme Court to compel President Ferdinand Marcos Jr. to undergo a noninvasive drug test and disclose his health status.
The Department of Environment and Natural Resources (DENR) in the Philippines is now allowing small and medium enterprises to submit environmental requirements within their cities or municipalities, decentralizing its permitting services.
A congressman in the Philippines has urged authorities to extend existing toll discount programs, currently for public utility vehicles and freight trucks, to include private cars to alleviate financial burdens on motorists due to high fuel prices.
A former aide to Vice President Sara Duterte claims that Rodrigo Duterte discussed an assassination plot against President Marcos with retired generals if Marcos reneged on a supposed promise to step down in 2025.
MANILA, Philippines — President Ferdinand Marcos Jr. announced the suspension of the excise on liquefied petroleum gas (LPG) and kerosene on Monday, the first day of the effectivity of the law…
The Philippine Senate has called on the Department of Energy to re-evaluate its policy of two onsite work days, citing the ongoing oil crisis as a reason for potential changes.
The Philippine Development Budget Coordination Committee (DBCC) stated that suspending excise taxes on gasoline and diesel would offer only marginal relief, quickly offset by global market volatility.
The Philippine Bureau of Internal Revenue has approved an expansion of value-added tax (VAT) exemptions to include more medicines for serious and chronic illnesses like cancer and diabetes. This move aims to make essential medications more affordable for patients.
Global stock markets surged and oil prices fell as renewed hopes for US-Iran negotiations eased geopolitical tensions and concerns over supply disruptions. The prospect of a potential deal led to a positive market reaction across various assets.
Transport group Manibela in the Philippines has announced a nationwide strike from April 15 to 17 to protest the government's perceived insufficient response to continuous oil price hikes.
Operatives in Negros Occidental, Philippines, seized P25 million worth of smuggled cigarettes and arrested a truck driver during a pre-dawn operation in Himamaylan City.
Workers in Central Luzon, Philippines, are set to receive the second tranche of their approved wage increase starting April 16, as mandated by Wage Order No. RBIII-26.
Motorists in the Philippines are experiencing significant relief as fuel prices, particularly diesel, dropped sharply by as much as P23 per liter on Tuesday, following five consecutive weeks of increases.
BP's oil trading division reported an 'exceptional' quarter, benefiting from the energy market volatility and competition for cargoes fueled by the conflict involving Iran.
The state weather bureau, Pagasa, has forecast hot and humid weather to prevail across most parts of the Philippines on Tuesday, April 14.
Japan is set to deploy 1,400 troops and missiles to large-scale military drills in the Philippines, marking its third-largest troop contribution to the exercises and an expanded role.
An alleged bagman has claimed that Vice President Sara Duterte's confidential funds were depleted within 24 hours, contradicting previous reports of 11 days, and also spoke about a purported plan to unseat President Marcos in favor of Duterte. These statements have raised questions about the handling of public funds and political dynamics.