Trump’s claim of Iran-Israel ceasefire calms global markets
Financial markets rallied Tuesday after US President Donald Trump announced a ceasefire agreement between Iran and Israel, offering investors a temporary reprieve from escalating tensions in the oil-rich Middle East.
Globe extends roaming support for customers in Israel and Iran
In response to ongoing unrest in Israel and Iran, Globe Telecom has rolled out enhanced roaming support to ensure its customers abroad stay connected during the crisis.
Solar group seeks GEA overhaul
The Philippine Solar and Storage Energy Alliance (PSSEA) on Tuesday expressed strong optimism over the appointment of DOE officer-in-charge Sharon Garin, citing her familiarity with the agency’s operations and stakeholders as a reassuring move for renewable energy investors. PSSEA Chair Theresa Cruz-Capellan lauded the continuity in leadership, emphasizing the need for predictable policy and regulatory environments.
MGen strikes blended power deal with EvoEnergi
Meralco PowerGen Corp. (MGen), the generation arm of Manila Electric Co. (Meralco), has inked two power supply agreements (PSAs) with retail electricity supplier EvoEnergi Inc., covering enough energy to serve approximately 62,000 households.
Pump prices set to rise despite crude softening
Domestic oil players remain in a “wait and see” mode as geopolitical tensions, particularly between Israel and Iran, continue to inject uncertainty into global fuel markets.
