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The International Worth Shock
As of March 16, 2026, crude oil has soared to just about $115 per barrel, up from $72 earlier than the conflict—an almost 59% worth surge. Different traded industries are additionally dealing with important pressure, significantly agriculture and minerals, with the US recording a fertilizer provide deficit exceeding 25%.
Brent Futures
As assaults unfold, Brent Crude futures soar, sending shockwaves by way of world markets.
Shock Absorption
The Philippines, like most oil importers, can solely accomplish that a lot past absorbing the shock. The nation lacks the strategic reserves and financial instruments to defend shoppers.
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