The Train Law cannot cushion the next oil price surge
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Source: The Manila Times
Published: 2026-03-07 03:05 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, World News, War & Conflict
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Snippet:
THE week-old United States-Israel war with Iran in the Middle East has disrupted the global supply chain of crude oil coming from that region. The Strait of Hormuz — the only sea passage from the Persian Gulf to the open ocean — was effectively closed to navigation due to Iran’s drone attacks.
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