DEPDev warns: Worst-case scenario sees diesel hitting P96 per liter

2026-03-09 - 05:34

MANILA, Philippines — Diesel prices by March 2026, considering a worst-case scenario wherein war in the Middle East drags on and passage along the Strait of Hormuz remains restricted, may rise up to P96 per liter according to an official of the Department of Economy, Planning, and Development (DEPDev). During Monday’s hearing of the House of Representatives’