‘We hardly make any profit’: Fuel price surge from Iran war squeezes Philippine fisherfolk

Orientul Mijlociu

Rising oil prices are cutting into incomes for more than 2 million people across the country’s fishing sector, as costs climb and catches fall. MANILA: For generations, fishing communities along Manila Bay have relied on nearby municipal waters for their livelihood, but activity has slowed in recent weeks. The ongoing war on Iran has sent global fuel prices soaring, hitting countries like the Philippines hard. The nation’s fishing industry is especially vulnerable, as small-scale fishermen

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