Top News

Retail fuel prices across the country may drop next week, offering relief for businesses and households grappling with recent price hikes, as global oil markets cool amid easing geopolitical tensions.

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.

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.

The Department of Transportation (DOTr) announced Tuesday its readiness to roll out fuel subsidies for public utility vehicle (PUV) drivers and operators, in response to sharp oil price hikes triggered by unrest in the Middle East.

The Stratbase Institute has strongly criticized Vice President Sara Duterte for her recent comments on the Marcos administration's foreign policy, particularly regarding the West Philippine Sea. In a statement, the institute said Duterte's remarks align with Beijing's propaganda and dangerously downplay China's repeated violations of Philippine sovereignty.