LEGAZPI CITY — Economist and former Albay Rep. Joey Salceda on Monday urged the government to immediately roll out fuel subsidies and prepare evacuation plans for overseas Filipino workers (OFWs) as escalating hostilities between the United States and Iran threaten to drive up global oil prices and domestic inflation. Salceda warned that the conflict could trigger supply disruptions in the Gulf, pushing crude prices beyond $80 per barrel and raising domestic pump prices in a country that imports nearly all of its oil requirements. “This is no longer a limited exchange. The trajectory of this conflict makes higher oil prices […]... Keep on reading: Salceda urges fuel aid, OFW safety amid US-Iran conflict