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US-Iran Truce Could Lower Manila Diesel Prices Next Week

4/9/2026

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Story summary
  • A truce between the United States and Iran could trigger a rare drop in Manila fuel prices next week, with diesel down by P2.50–P3.50 per liter.
  • Gasoline may stay flat or fall by up to P1 per liter, while diesel prices have reached as high as P170 per liter.
  • Estimates rely on the Mean of Platts Singapore benchmark and could shift with two trading sessions remaining before Monday's price adjustments.