Скачать или смотреть Motorists in Philippines queue at petrol stations, anticipate fuel price... | GMA Integrated News

Motorists in the Philippines queue at petrol stations, anticipate fuel price increase | GMA Integrated News

Motorists queued at petrol stations in Manila on Monday, March 9, ahead of a significant fuel price increase driven by the ongoing conflict in the Middle East.

The Philippines’ energy department said fuel prices would rise by 17–24 pesos starting March 10, with the increases to be rolled out in stages through the week. Officials warned that more hikes were likely if the situation in the Middle East continues.

Jeepney driver Ric Perez said the price increase would directly hit the livelihoods of many, with the transport sector bearing the brunt of the higher costs. He brought his fuel container to stock up before the new prices took effect.

Early on Monday, about two dozen activists held a protest near a petrol station in Manila, denouncing the price hikes and urging the government to regulate fuel prices.

Public transport group Piston President Mody Flaranda said jeepney drivers, who earn an average of 600 pesos (US$10.30) a day, risk losing their income if fuel prices remain uncontrolled.

President Ferdinand Marcos said his government is preparing measures to cushion the impact of rising oil prices, including reducing the excise tax on fuel, providing fuel subsidies for the transport sector and directing some government offices to adopt a four-day work week.

COURTESY: REUTERS#GMAIntegratedNews #BreakingNews

Watch the latest news stories from GMA Network's trusted news programs on the GMA Play app.
Download now on Google Play and App Store.
Also available on GMANetwork.com/GMAPlay and Android TVs!

GMA Network promotes healthy debate and conversation online. Any abusive language that does not facilitate productive discourse will be blocked from this post.

For more updates, visit this link:    • Breaking News | GMA Integrated News  

For live updates and highlights, click here:    • GMA Integrated News Highlights  

Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
YouTube:    / @gmanews  
Facebook:   / gmanews  
TikTok:   / gmanews  
Twitter:   / gmanews  
Instagram:   / gmanews  

GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe