
Governments Implement Measures to Mitigate Economic Impact of Middle East Conflict
The International Monetary Fund is developing scenarios for countries that may require financial support due to the prolonged Middle East conflict, while Spain has approved a €5 billion package including energy tax cuts, and the Philippines is considering suspending or reducing petroleum excise taxes to ease rising oil prices.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)Sources
OIL PRICE WATCH as of March 27, 2026
MANILA, Philippines — President Ferdinand Marcos Jr. may decide by April 12 or 13 whether to suspend or reduce the excise tax on petroleum products, a move aimed at easing the impact of rising oil prices driven by the Middle East crisis, the Department of Finance (DOF) said Thursday. Business groups have welcomed the new
By mmercado
Read full article →Malaysia explores nuclear power as Middle East war drives up energy costs
PUTRAJAYA, March 27 — The Malaysian government is exploring the potential of nuclear power as a strategic response...
By Malay Mail
Read full article →
