Philippines Offers Cash Handouts and Russian Oil to Offset Fuel Price Surge from Iran War

The Philippine government has begun distributing cash handouts to hundreds of Manila tricycle drivers impacted by the recent rise in fuel prices caused by the Iran war, alongside plans to import Russian oil. This immediate relief aims to ease the economic strain on vulnerable commuters and public transport workers facing higher operating costs. Moving forward, the government will need to monitor fuel price fluctuations and manage ongoing support as global conflicts continue affecting energy markets.