Government addresses Middle East oil crisis impact.

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MA

Government addresses Middle East oil crisis impact. President Marcos Jr. announced measures to protect Filipinos from soaring fuel prices triggered by Middle East conflict. Short-term interventions include free public transport rides, fare discounts for commuters, and cash assistance for transport workers. The administration is coordinating with manufacturers to maintain stable prices on basic commodities and considering price caps on rice. Officials confirmed that affordable rice remains available in 177 local government units with plans to increase supply. The president emphasized the government's commitment to supporting vulnerable sectors during this economic challenge and assured the public that no citizens will be abandoned as policy responses continue.

Sunday, March 22, 2026 at 8:00 AM

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