International

Who bears the brunt of oil price hikes?

Who bears the brunt of oil price hikes?


Fuel price hikes are forcing millions of Filipinos into deeper austerity. What begins at the pump quickly becomes higher food prices, transport costs, and daily expenses. Immediate support is critical—but lasting solutions require reclaiming control over an oil industry that serves the public, not profit.



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IBON Foundation
IBON Foundation

IBON Foundation is a non-stock, non-profit development organization. We have been serving the Filipino people through research and education since 1978. IBON seeks to promote an understanding of socioeconomics that serves the interests and aspirations of the Filipino people. We study the most urgent social, economic, and political issues confronting Philippine society and the world.

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