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Manila’s streets empty as fuel prices surge amid Strait of Hormuz crisis

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Manila’s streets empty as fuel prices surge amid Strait of Hormuz crisis

Empty streets expose another crisis as Filipinos battle soaring oil prices, dwindling incomes and a stagnating economy.

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A sharp increase in prices of basic commodities and the possible loss of employment for thousands of people due to the fuel price hike have raised the spectre of stagflation in the Philippines [Ted Regencia/Al Jazeera]

By Ted RegenciaPublished On 26 Mar 202626 Mar 2026

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