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flag Diesel prices in the Philippines rise by P1.00 per liter starting February 10, 2026, due to Middle East tensions and supply concerns.

flag Diesel prices in the Philippines will rise by P1.00 per liter starting February 10, 2026, with gasoline and kerosene increasing by P0.60 each, marking the fifth straight week of gasoline hikes and seventh for diesel and kerosene. flag This follows a P3.00 increase in diesel over the past two weeks. flag Oil companies attribute the rise to Middle East tensions, reduced Chinese diesel exports, and potential disruptions in the Strait of Hormuz. flag Since January 1, diesel prices have climbed P6.40, gasoline P3.00, and kerosene P4.40—nearly double the 2025 increases.

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