OPEC+ oil-producing countries kept December production targets steady on Sunday, confirming expectations that more policy adjustments will not occur until next year, as the group continues to struggle with export disruptions from the Iran war. Seven core OPEC+ members — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman — made the decision in an online meeting on Sunday, OPEC said in…

The Iran war is showing why the Philippines can’t afford to neglect its farmers
A war thousands of kilometers away is beginning to ripple through something as basic as the Filipino dining table. The conflict involving Iran has pushed oil prices higher, disrupted key shipping routes, and strained global supply chains—especially for fertilizer, a critical input for food production. Farmers are already feeling the pressure. Fertilizer prices have surged by as much as 30% to 40%,…