DUBAI, United Arab Emirates — Iran attacked a tanker in the Strait of Hormuz early Tuesday, forcing its crew to abandon the ship even as the United States conducted yet-another round of airstrikes targeting the Islamic Republic over control…
MANILA, Philippines — The government is extending another round of financial assistance to more than 7 million poor and low-income households affected by rising oil prices driven by the renewed conflict in the Middle East by providing…
Oil prices jumped Monday following a weekend of attacks in the Middle East, while more losses for computer chip companies and other winners of the artificial-intelligence boom dragged stock markets lower. The price for a barrel of Brent crude oil, the international standard, climbed…
Oil prices are expected to push local pump prices higher again next week, on May 19, with diesel likely to post the steepest increase amid renewed geopolitical tensions in the Middle East. Industry estimates showed that diesel…
Iran delivered a new proposal for peace talks with the US via mediator Pakistan, state media reported Friday. …
NEW YORK (AP) — Global leaders have been scrambling to contain the rising oil prices since the start of the Iran war, which took a record amount of oil off the market. Tankers full of crude were…
WASHINGTON, United States — ”Is Netanyahu real or AI?” an internet headline blared, pointing to a video that supposedly showed the Israeli prime minister with six fingers. But the clip was real. Speculation spiraled online that Netanyahu…
Here are the latest economic events in the Middle East war. US crude benchmark opens over $100, Brent above $115 The price of the main US benchmark for oil rose over three percent on Monday shortly after…
CEBU CITY, Philippines — Since the start of March, 62-year-old taxi driver Julito Villasis has already done the math in his head—again and again. A full day on the road now means burning more fuel for less…
BEIJING — In spite of Iran’s vow to keep fighting, China’s top diplomat has said that a “glimmer of hope” for peace has emerged due to moves made to stop the war in the Middle East. While…
MANILA, Philippines — Hundreds of Philippine tricycle drivers lined up Tuesday in Manila for cash handouts they hope will provide temporary relief from a war-driven surge in fuel prices that has left the country scrambling for short-term…
PARIS, France — Here are the latest events in the Middle East war: Flights temporarily suspended at Dubai airport Flights were temporarily suspended Monday at Dubai’s airport, previously one of the world’s busiest, after a “drone-related incident”…
