Fuel prices in the Philippines are expected to rise again next week, with diesel and gasoline costs on the rise. This follows recent oil price monitoring as of April 30, 2026, indicating a trend towards increased fuel expenses.
The anticipated hike is largely attributed to escalating tensions in the Hormuz Strait, which have disrupted supply chains and led to concerns over fuel availability. As a result, consumers may soon feel the impact of these changes at the pump.