Realistic depiction of a gas station with surging fuel prices amid US-Iran tensions and oil disruptions.
Realistic depiction of a gas station with surging fuel prices amid US-Iran tensions and oil disruptions.
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Oil firms hike fuel prices again on April 7

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Oil companies raised fuel prices again on Tuesday, April 7, 2026, with diesel hikes up to P19.80 per liter. The increases stem from ongoing US-Iran tensions and global oil supply disruptions. This marks the 13th to 15th consecutive weekly rise.

MANILA, Philippines — Oil companies announced further increases in gasoline, diesel, and kerosene prices effective 6 a.m. on Tuesday, April 7, 2026.

According to advisories, Petron raised diesel by P18.80 per liter, gasoline by P4.90, and kerosene by P8.10. Shell increased diesel by P19.80, gasoline by P5.90, and kerosene by P9.10. SEAOIL hiked diesel by P17.95, gasoline by P4.90, and kerosene by P8.10. Jetti will raise diesel by P18.60 and gasoline by P5.40 effective April 10.

These hikes follow weeks of rises linked to the US-Israel war against Iran that began on February 28, disrupting Middle East shipping routes and driving up crude oil prices.

Last week, Metro Manila diesel ranged from P110 to P150.30 per liter, gasoline from P82.50 to P105.60. Industry sources said diesel could reach up to P170 per liter this week.

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Discussions on X focus on the significant fuel price hikes effective April 7, 2026, in the Philippines, with diesel increasing up to P19.80 per liter, marking the fifth consecutive week of major rises due to Middle East tensions. Transport groups like PISTON express dismay and plan protests demanding removal of excise taxes and deregulation repeal. News outlets and journalists report the announcements from Shell and Petron, while users highlight impacts on drivers and commuters.

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Image of a gas station in the Philippines illustrating rising fuel prices amid Middle East tensions.
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Fuel prices rise in Philippines as Middle East tensions persist

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Oil companies raised gasoline and diesel prices on May 19 while lowering kerosene rates, citing renewed geopolitical risks in the Middle East. The Department of Energy set maximum adjustments to stabilize the market.

Motorists in the Philippines faced higher diesel and kerosene prices starting July 14, 2026. The Department of Energy linked the changes to global oil market volatility from tensions between the United States and Iran. Gasoline prices stayed largely stable.

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Fuel prices will increase again on Tuesday, May 5, with diesel rising by P2.66 per liter and gasoline by P2.21 per liter, Energy Secretary Sharon Garin said. Kerosene prices will decline by P3.53 per liter.

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