President Ferdinand Marcos Jr. warned Filipinos to brace for significant fuel price increases in the coming weeks as tensions in the Middle East continue to disrupt global oil supply routes.

In a video statement posted on his official Facebook page, Marcos said the ongoing conflict is affecting the global oil market, particularly shipments passing through the Strait of Hormuz, one of the world’s most critical oil transit chokepoints.

“Kapag may kaguluhan sa rehiyong iyon, gumagalaw ang presyo ng langis… at gumagalaw ang presyo ng lahat ng bilihin,” Marcos said. “Kapag nagkaroon ng problema sa daanan na ito, naapektuhan ang suplay ng langis at tumataas ang presyo nito sa buong mundo, hindi lamang dito sa Pilipinas,” he added.

The President cited projections showing that fuel prices may increase sharply next week, with gasoline expected to rise by ₱7.48 per liter, diesel by ₱17.28, and kerosene by ₱32.35.

Marcos noted that the situation reflects global market pressures rather than domestic supply issues. “Ang Pilipinas at ang buong mundo ay kasalukuyang nakakaranas ng epekto ng gera sa Gitnang Silangan,” he said.

The Philippines imports most of its petroleum requirements, making local pump prices highly sensitive to international crude oil fluctuations. Analysts say disruptions in key shipping lanes such as the Strait of Hormuz—where roughly a fifth of the world’s oil supply passes—can quickly trigger price spikes worldwide.

Energy officials continue to monitor global oil movements, warning that prolonged instability in the Middle East could further push up fuel prices and impact transportation and basic commodity costs across the country.