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Oil Prices Surge: Cebu Routes Canceled, Emergency Powers Considered

3/6/2026

39 3 Full Breakdown

Summary

Story summary

Oil prices rise due to tensions in the Middle East, disrupting sea travel in the Visayas.
OceanJet cancels Cebu-origin routes from Cebu starting March 6 due to rising fuel costs, including Cebu-Palompon and Cebu-Getafe.
Tacloban City transport operators brace for higher fuel costs as prices range from P60 to P78 per liter.
President Ferdinand Romualdez Marcos Jr. seeks emergency powers to reduce fuel excise taxes if prices stay high.

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Story summary

Oil prices rise due to tensions in the Middle East, disrupting sea travel in the Visayas.
OceanJet cancels Cebu-origin routes from Cebu starting March 6 due to rising fuel costs, including Cebu-Palompon and Cebu-Getafe.
Tacloban City transport operators brace for higher fuel costs as prices range from P60 to P78 per liter.
President Ferdinand Romualdez Marcos Jr. seeks emergency powers to reduce fuel excise taxes if prices stay high.