Israel and Palestine are not major oil suppliers of the Philippines, Oil Management Bureau Director Rino Abad (DOE) said.
MANILA, Philippines — Oil prices will not increase despite ongoing conflict in Israel, the Department of Energy said on Wednesday.
This is because its neighboring countries in the Persian Gulf — such as Saudi Arabia, Kuwait, and Qatar — are the major oil suppliers in the Philippines. Saudi Arabia, Kuwait and Qatar are not active participants in the conflict, but Iran is reportedly being accused of having funded Hamas in the past which its Supreme Leader denied.
The country’s trade deficit narrowed by 31.5 percent in August from the same month last year as exports rose while imports... Former Cebu basketball star Ardy Larong feels proud and happy of all the things that he has achieved in life - on and off the playing court.
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