Energy Secretary Sharon Garin said diesel prices are expected to drop by at least ₱20.89 per liter this week, with gasoline and kerosene also set to decrease by ₱4.43 and ₱8.50 per liter, respectively, following easing tensions in the Middle East.
She noted the rollback reflects recent international price trends after a fragile ceasefire in the Iran crisis, although talks between the US and Iran in Pakistan ended without an agreement.
Despite the expected relief, fuel prices have remained elevated after months of sharp increases due to the conflict, with earlier spikes reaching over ₱100 per liter for diesel.
The government is also rolling out a pilot fuel subsidy program for jeepney drivers, offering a ₱10-per-liter discount at selected stations for up to 150 liters weekly.
Officials and industry groups remain divided on whether these measures are enough, as the Philippines continues to face high fuel costs amid global supply uncertainty.
Source: PhilNews24 | April 13, 2026
DOE: DIESEL PRICES TO DROP BY ₱20.89 PER LITER
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