Is Marcos right in suspending the transport fare hike?
March 21, 2026
THE surge in global oil prices from $71 to $113 per barrel last week is largely attributed to the escalating war in the Middle East. Last week, Israel bombed Iran’s largest offshore gas field in South Pars, and Tehran responded by launching missile attacks on Qatar’s Ras Laffan oil hub, which sent energy markets reeling.
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