LTFRB eyes fare hike amid oil price surge over Middle East conflict

2026-03-03 - 05:53

MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) said Tuesday that it is considering provisional fare increases amid escalating tensions in the Middle East. This came a day after Seaoil, Jetti Petroleum, Caltex, and Petron’s advisories that diesel and kerosene prices would go up by P1.20 and P1.50 a liter, marking the