Soaring Gas Prices From Iran War Push Southeast Asian Countries to the Brink

Soaring gas prices from Iran war push Southeast Asian countries to the brink

The Philippines' energy crisis is threatening to escalate into an economy-wide crisis, with fears rising inflation will hit the country's poorest families hard.

How the Iran war is pushing US ally the Philippines into economic crisis

Countries heavily reliant on imported oil are particularly vulnerable to the unfolding energy crisis caused by the US-Israel war with Iran. It's no more apparent than in South-East Asian countries like the Philippines.

Philippines Church mobilizes support for migrant workers hit by war, oil crisis

Filipino bishops have urged the Catholic dioceses in the Philippines to support overseas workers, migrants, and their families back home amid the economic crisis following war with Iran. [...]

How the Energy Crisis Is Hammering the Philippines, Indonesia, and Other Gulf‑Dependent Nations

The energy crisis triggered by the closure of the Strait of Hormuz and the wider Middle East conflict is hitting Southeast Asia harder than almost anywhere else and the Philippines is the clearest example of how quickly things can unravel when a country depends almost entirely on Gulf oil.   The Philippines has already declared a national energy emergency, with fuel prices more than doubling and public transport grinding to a halt.