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Philippines’ fuel shock exposes limits of deregulated oil market

✍️ Sam Beltran 📅 March 10, 2026 08:36 PM ⏱️ 1 min read 🕐 Scraped: March 10, 2026

Summary: Consumer groups say households are left to absorb rising costs as the government rolls out conservation measures and considers fuel tax relief.

The Philippines was hit by a sharp fuel-price shock on Tuesday, with pump costs surging after the escalating conflict involving Iran pushed global oil prices higher, in what could become one of the

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📝 Article Information

Author

Sam Beltran

Original Publisher

🌍 South China Morning Post

CENTER Bias (0.0)

Published Date

March 10, 2026 at 08:36 PM

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