The Philippines: National transport strike as Iran war creates economic crisis
A nationwide transport strike was launched in the Philippines due to the sharp increase in oil and commodity prices, triggered by the economic crisis caused by the Iran war. The strike, which involved tens of thousands of jeepney and bus drivers, aimed to demand an immediate rollback of oil prices and a fuel price cap.
A two-day nationwide strike was launched in the Philippines on March 19. Tens of thousands of jeepney and bus drivers participated, causing commuters to wait 45 minutes or more for transportation. The strike was a response to the sharp increase in oil and commodity prices, which has created a social catastrophe. The price of diesel has surged by 17.28 pesos per liter, while kerosene and gasoline have also increased. The Department of Economy, Planning and Development has projected that headline inflation will surge to between 6.3 and 7.5 percent in March. The strike was organized by the No To Oil Price Hike Coalition and PISTON, which demands an immediate rollback of oil prices and a fuel price cap of P55 per liter.
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