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Gulf crisis: Qatar downs Iran jets as Tehran targets oil and gas

DOHA, Qatar — Qatar downed two Iranian bombers and halted LNG production on Monday, as Tehran widened its attacks to hit oil facilities in Saudi Arabia and the UAE in a sharply escalating Gulf crisis that has sent prices soaring. Qatar’s air force shot down two Sukhoi Su-24 bombers, the defence ministry said — the

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Strait of Hormuz impasse squeezes world shipping

PARIS, France — With few captains willing to brave the Strait of Hormuz as war rages around the Gulf, companies will have to do business without one of the world’s most vital shipping lanes, especially for oil and gas. What is the strait’s importance to world markets? The strait is especially key to the world

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Business as usual: Cebuanos in Middle East cope with tensions

CEBU CITY, Philippines — A few minutes past midnight on Saturday, Feb. 28, the piercing wail of the United Arab Emirates’ (UAE) emergency alert jolted Sofia Olavides awake. At first, the 28-year-old marketing manager thought it was just another advisory. Then came the flashes and the distant booms: air strikes being intercepted in the skies

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USD to PHP Exchange Rate Today, Tuesday, March 3, 2026

Guide on USD to PHP Exchange Rate Today, Tuesday, March 3, 2026 – How Much You Will Get? USD TO PHP – You can check out the exchange rate between United States (US) Dollar to Philippine Peso today, Tuesday, March 3, 2026. Countless Pinoys are employed abroad for several years now in the pursuit to ... Read more

The post USD to PHP Exchange Rate Today, Tuesday, March 3, 2026 appeared first on PhilNews.

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Malacañang Says Fate of ICI To Be Determined this Week

Statement of Malacañang on ICI amid Continued Call for Accountability on Flood Control Mess Malacañang press officer undersecretary Claire Castro spoke on the fate of the Independent Commission for Infrastructure (ICI). Amid the flood control mess in the Philippines, President Bongbong Marcos ordered the creation of an independent commission that will investigate the flood control ... Read more

The post Malacañang Says Fate of ICI To Be Determined this Week appeared first on PhilNews.

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Euro to Peso Exchange Rate Today, Tuesday, March 03, 2026

Details about the Euro to Peso Exchange Rate Today Euro to Peso – Here is the exchange rate between Euro Dollars and the Philippine Peso today, Tuesday, March 03, 2026. Many Filipinos are working abroad. Among these are European countries. The exchange rate between the currencies of European countries and the Philippines may change from ... Read more

The post Euro to Peso Exchange Rate Today, Tuesday, March 03, 2026 appeared first on PhilNews.

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CFO: All PH schools in Middle East ‘safe’ amid regional tension

MANILA – The Commission on Filipinos Overseas (CFO) said all Philippine Schools Overseas (PSOs) in Middle Eastern countries remain safe and operational amid escalating Iran-related conflict. In a news release Monday, CFO Secretary Dante “Klink” Ang II said some schools, however, have shifted to online classes upon the directives of their host countries. “We’re closely

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Fuel subsidy readied as oil price hikes loom — DOTr, LTFRB

MANILA, Philippines — Preparations for the release of fuel subsidies for public utility vehicle operators and drivers have already started.  This was according to the Department of Transportation (DOTr) on Monday as it made the move amid rising oil prices fueled by the ongoing conflict in the Middle East. READ: Iran military strikes: Oil prices

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