Southeast Asian Nations Grapple with Fuel Crisis and Price Hikes Amid Mideast War
Southeast Asian nations, including the Philippines and Thailand, are experiencing a severe fuel crisis with rising prices and shortages, impacting livelihoods and economies as ripple effects from the ongoing Middle East war continue to disrupt supply.
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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
Read full article →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
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.
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