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Philippine transport strikers say Marcos Jr failing to control oil prices

Philippine transport strikers say Marcos Jr failing to control oil prices

Summary

Transport workers in the Philippines are protesting against rising fuel prices. They blame the government for not controlling oil costs and have staged strikes in Manila. President Ferdinand Marcos Jr declared a state of national energy emergency to address fuel shortages.

Key Facts

  • Arturo Modelo, a jeepney driver in Manila, earns much less due to rising fuel prices.
  • Jeepney drivers and other transport workers staged strikes in Manila to protest high fuel costs.
  • Thousands marched to the Presidential Palace demanding government action on fuel prices.
  • The protesters belong to a group called the No to Oil Price Hike Coalition.
  • The group criticized U.S. actions in Iran, linking it to economic troubles in the Philippines.
  • President Marcos Jr declared a national energy emergency to manage fuel shortages.
  • The Philippines faces some of the highest fuel prices in Southeast Asia.
  • Diesel prices in the Philippines are slightly lower than in Singapore, but still high for the region.

Source Information