Oil prices hit highest since 2022 | The wRap

2026-03-10 - 14:44

Here are today’s headlines – the latest news in the Philippines and around the world: Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt Oil prices jump the highest since 2022, amid conflict in the Middle East. In the Philippines, Energy Secretary Sharon Garin tells a congressional panel that Tuesday’s oil price hike will be the highest jump in history. Meralco’s March power rates up; customers urged to be ‘energy efficient’ Meralco announces an increase in electricity rates this March. The higher transmission charge was due to a 70% increase in ancillary service costs incurred by the NGCP from the Reserve Market. SolGen asks SC to acquit Maria Ressa, Reynaldo Santos in cyber libel case The Office of the Solicitor General files a manifestation with the Supreme Court recommending the acquittal of Nobel Peace Prize laureate and Rappler CEO Maria Ressa and former Rappler researcher Reynaldo Santos Jr. in their Duterte-time cyber libel case. DOH chief Herbosa, 3 others face graft complaint over P1.8-B mobile clinics Health Secretary Ted Herbosa, Undersecretary Glenn Matthew Baggao, and two aides, are facing a graft complaint over the alleged rigging of the procurement of mobile primary care facilities worth P1.8 billion. Russia-backed hackers breach Signal, WhatsApp accounts of officials, journalists Two intelligence agencies in the Netherlands warn that Russian-backed hackers have launched a global cyber campaign targeting Signal and WhatsApp accounts used by officials, military personnel, and journalists. – Rappler.com