As oil prices soar, Filipinos feel the brunt of the Middle East conflict. Here is how it's hitting households.As oil prices soar, Filipinos feel the brunt of the Middle East conflict. Here is how it's hitting households.
The Middle East crisis: From the Strait of Hormuz to your dining table
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Triggered by the outbreak of the US-Israel war on Iran on February 28, 2026, the closure of the Strait of Hormuz has pushed the global oil market to critical levels.
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