Philippine fuel prices hit record highs as food inflation fears grow

Mario Orain used to earn his living on the road. Now, the 51-year-old driver spends most of his time parked up, waiting for bookings that rarely come. “It’s really bad,” he told This Week in Asia. “There are very few bookings. And fuel prices have gone up a lot. It’s very expensive now.” With diesel prices in the Philippines shattering record highs amid the war on Iran, transport workers like Orain are being forced off the road as they face a stark choice between filling their tanks or feedin...

By Sam Beltran