Why Southeast Asian nations are vulnerable to the fuel crisis as Iran war rages on

Daniel Gech looks at prices on a board at a Sokimex petrol station in Phnom Penh and winces. Four weeks into the war in the Middle East, the ripple effects of a faraway conflict are beginning to threaten the Cambodian teenager’s ability to earn and learn. The 16-year-old hustles on his moped between his home and school, followed by an evening job and back. It now costs him an extra US$2 a day to fill up his tank – or US$14 a week – and the price is rising, a significant surge in a country whe...

By Aidan Jones

OIL PRICE WATCH as of March 24, 2026

MANILA, Philippines — “Calm” returned to the global oil market despite the continuing Middle East crisis, Energy Secretary Sharon Garin announced yesterday. The expected price hike starting today would be an additional P6.47 for gasoline, and P11.88 for diesel—mild when compared to the massive price surge in the week of March 17 to 23, wherein

By cbuban

Fuel running low across provinces

The government has stepped up efforts to tackle fuel shortages, but residents across several provinces continued to queue for diesel on Monday amid persistent supply constraints.