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Oil Shock Sends Philippine Inflation Surging to 20-Month High

Apr 07, 2026 01:04 UTC

An employee holds a fuel nozzle at a Pilipinas Shell Petroleum Corp. gas station in Las Pinas, the Philippines, on Wednesday, Sept. 7, 2022.

  • An employee holds a fuel nozzle at a Pilipinas Shell Petroleum Corp
  • gas station in Las Pinas, the Philippines, on Wednesday, Sept
  • 7, 2022

An employee holds a fuel nozzle at a Pilipinas Shell Petroleum Corp. gas station in Las Pinas, the Philippines, on Wednesday, Sept. 7, 2022. Pilipinas Shell plans to have retail shops and restaurants in a third of its gasoline refilling stations by 2025 as its seeks to boost revenues beyond fuel. Photographer: Iya Forbes/Bloomberg

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