Politics · Philippines Bureau
Major fuel price increase looms in Philippines next week
Diesel prices are expected to surge by up to P10.50 per liter in the coming week, marking a significant spike for consumers and businesses across the Philippines. The anticipated hike tops the day's major news developments.
LSN Philippines ·
MANILA — Motorists and commercial operators in the Philippines are bracing for a substantial increase in fuel costs, with diesel prices projected to climb as much as P10.50 per liter when the new pricing takes effect next week.
The looming fuel hike reflects continued volatility in global oil markets and is expected to ripple through the economy, affecting transportation costs, goods delivery, and consumer prices across multiple sectors.
Meanwhile, the legal defense team of former President Rodrigo Duterte has moved to have eight alleged killings excluded from charges being pursued against him at the International Criminal Court. The development marks a significant procedural maneuver in the high-profile case that has drawn international scrutiny.
Duterte's legal representatives have not publicly detailed the specific grounds for seeking dismissal of the charges, though the request comes as the ICC investigation into alleged extrajudicial killings during the former president's war on drugs continues to develop.