
Southeast Asian Nations Grapple with Fuel Crisis and Price Surges Amid Middle East War
Southeast Asian nations, including the Philippines, Vietnam, and Thailand, are grappling with a severe fuel crisis and rising prices for everyday items like cooking oil and bottled water, leading to protests and flight suspensions as the Middle East conflict disrupts global supply chains.
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Philippines may ground flights to tide over widening jet fuel crisis
The Philippines says grounding planes due to a shortage of jet fuel brought on by the war in Iran is a “distinct possibility”, according to President Ferdinand Marcos Jnr. “Several countries have already told our airlines they cannot fuel their aircraft, so they have to carry fuel there and back,” Marcos said in an interview on Tuesday. “Long haul is going to be a much more serious problem.” Asked whether, inevitably, planes may have to be grounded, Marcos said, “We’re hoping not, but it’s a...
By Bloomberg
Read full article →Iloilo City rolls out fuel subsidy for tricycle drivers
ILOILO CITY — The city government has started distributing fuel subsidy coupons to tricycle drivers and operators to help cushion the impact of rising petroleum prices driven by tensions in the Middle East. Mayor Raisa Treñas said the Fuel Subsidy Coupon (FSC) program will initially cover members of various Tricycle Operators and Drivers Associations (TODA)
By cavendano
Read full article →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.
Read full article →From cooking oil to bottled water, prices surge in Thailand as Middle East war rattles Southeast Asia supply chains
Bottled palm oil is one of the first everyday items to get more expensive in Thailand, with one-liter bottles rising around 17% to 53 baht (US$1.62) at retail since the war in the Middle East began disrupting global energy supply chains three weeks ago.
Read full article →Vietnam to cut domestic flights over jet fuel shortage
Vietnam Airlines will suspend 23 domestic flights weekly starting in April due to a limited jet fuel shortage caused by the Middle East conflict. Read More: https://punchng.com/vietnam-to-cut-domestic-flights-over-jet-fuel-shortage/
By Punch Newspapers
Read full article →Coverage Timeline
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