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कोशिश गोल्ड - मुक्त

P4.80 per liter fuel hike looms as Israel-Iran conflict escalates

The Freeman

|

June 21, 2025

Escalating tensions between Israel and Tran could push fuel prices in the Philippines up by as much as P4.80 per liter next week, the Department of Energy (DOE) warned.

In a June 20 statement, the DOE warned motorists to brace for an unusually sharp fuel-price hike next week.

Gasoline may go up by P2.50 to P3 per liter, while diesel could see a larger increase of P4.30 to P4.80 per liter.

Kerosene is forecast to climb P4.25—P4.40 per liter—its steepest increase this year—likely turning its year-to-date decline into a net gain.

According to DOE Oil Industry Management Bureau Assistant Director Rodela Romero, global crude oil prices surged by $3.50 to $4 per barrel from June 16 to 19, based on international trading data.

She said crude oil prices are expected to reach $80 per barrel by the end of June, up from the current average of $77 as of Thursday.

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time to read

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Man arrested after offering shabu as payment for fuel

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time to read

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Capitol earmarks P542 million recovery funds for northern cebu

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time to read

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Barili local gov't best performer in Population and Dev't Program

The Municipality of Barili has once again brought pride to Cebu after being hailed as the Best Performing Local Government Unit (Municipal Level) in the implementation of the Philippine Population and Development Program (PPDP) in Region 7.

time to read

1 mins

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IMSI CATCHERS, AI SCAMS BPI tags latest threats to digital banking security

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Cebuano musicians mourn Davey Langit:

Passionate songwriter, advocate for regional music

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When vlogging and drugging mix

From our sister publication BANAT News comes to us this report of a vlogger in Bohol Province who was arrested after he bragged about his drug use online and even invited bashers to come to his house so they can have a drug session.

time to read

1 mins

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