Economy
Fuel Prices Surge Up to P5.01 Per Liter in Philippines
Philippines fuel retailers will implement price hikes of up to P5.01 per liter starting August 18. Gasoline will increase by P2.49, diesel by P3.84, and kerosene by P5.01. The surge is attributed to fading hopes for Middle East peace deals, raising concerns over household budgets and inflation.
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