菲律宾各石油公司于6月2日星期二开始实施大幅燃油降价，其中柴油价格每升下调9.26比索。能源部制定了6月2日至8日这一周的降价幅度。
能源部宣布，自6月2日起实施以下最低降价幅度：柴油每升下调9.26比索，汽油每升下调4.76比索，煤油每升下调10.86比索。能源部长莎伦·加林（Sharon Garin）指出，这些变动使加油站价格回落至全球油价在3月份上涨前的水平。
一些石油公司提前实施了降价，或者降价幅度甚至超过了规定要求。此次价格下调是在有报道称美国和伊朗可能将停火协议延长60天并重新开放霍尔木兹海峡之后做出的。
液化石油气价格则出现反向变动。能源部规定6月份液化石油气的最高涨幅为每公斤3.41比索，相当于标准11公斤装气罐每罐上涨37.51比索。
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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.
Diesel and kerosene prices may decrease by more than P11 per liter today, the Department of Energy said, though some oil companies chose smaller cuts.
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Drivers in the Philippines can expect significant fuel price rollbacks starting June 2 amid optimism over potential peace negotiations between the United States and Iran.
The National Petroleum Company announced reductions in fuel prices that will take effect this Thursday. The liter of 93-octane gasoline will drop 100.3 pesos and diesel will decrease by 155.4 pesos.
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South African motorists will see lower fuel prices from 1 July following a drop in global oil prices and a stronger rand. The Department of Mineral and Petroleum Resources announced the cuts on 30 June.