{"id":6797,"date":"2026-04-23T18:10:33","date_gmt":"2026-04-23T14:40:33","guid":{"rendered":"https:\/\/fajr.news\/?p=6797"},"modified":"2026-04-23T18:10:33","modified_gmt":"2026-04-23T14:40:33","slug":"experts-warn-of-middle-east-conflicts-ripple-effects-on-philippine-economy","status":"publish","type":"post","link":"https:\/\/fajr.news\/?p=6797&lang=en","title":{"rendered":"Experts Warn of Middle East Conflict&#8217;s Ripple Effects on Philippine Economy"},"content":{"rendered":"<p>MANILA \u2014 Academics and media leaders have underscored the far-reaching consequences of the ongoing U.S.-Israel\u2013Iran conflict, warning that the Philippines is already feeling its impact through rising fuel prices, market instability, and economic uncertainty.<\/p>\n<p>Speaking at the forum \u201cBato-Bato sa Langit, Ang Tamaan Ay Nagalit,\u201d organized by the Philippine Academic Society for Climate and Disaster Resilience (PASCDR) with partners from the University of the Philippines Resilience Institute, the Philippine Social Science Council, and the Kapisanan ng mga Broadcasters ng Pilipinas, experts stressed that global conflicts are never confined to the battlefield.<\/p>\n<p>\u201cWar is never only a matter of military conflict or state strategy. It is also about its wider consequences on economies, governance, public policy, energy security, and ultimately on the everyday lives of ordinary people,\u201d said John Robert Go, Vice Chairperson of the Philippine Social Science Council.<\/p>\n<p>He added, \u201cEven countries geographically distant from the conflict, such as the Philippines, are not untouched by its effects.\u201d<\/p>\n<p>KBP President Ruperto Nicdao Jr. echoed the concern, noting that the war has already disrupted industries and advertising revenues.<\/p>\n<p>\u201cWe feel it in the fuel prices, in the cost of goods, and in the overall uncertainty that affects everyday lives, our economy, and certainly the media industry, as our advertisers are starting to slow down if not totally cancel their ad campaigns,\u201d he said. \u201cBeyond reporting what\u2019s happening, our responsibility is to help people understand what it all means.\u201d<\/p>\n<p>Dr. Emmanuel Luna of PASCDR emphasized the Philippines\u2019 vulnerability to global shocks, pointing out that crises often hit the poorest hardest.<\/p>\n<p>\u201cWe are too vulnerable. Our vulnerability is aggravated by confusing and unholy responses that hurt mostly the poorest people of our country,\u201d he warned. \u201cWe need voices to influence, and we need actions that affect change.\u201d<\/p>\n<p>The forum also featured Dr. Genelito Sevilla Jr., a Middle East expert, who traced the roots of U.S.-Iran tensions back to the 1950s oil nationalization crisis and the 1979 Islamic Revolution.<\/p>\n<p>\u201cThe 12-day war of 2025 really pressured Iran to reciprocate because the issue here was about national survival,\u201d Sevilla explained.<\/p>\n<p>He also criticized what he described as Washington\u2019s \u201cdouble standard policy,\u201d saying, \u201cWhy is it that the U.S. would charge Iran\u2019s Islamic government as authoritarian when Arab countries also have this problem, yet the U.S. maintains good relations with them?\u201d<\/p>\n<p>Organizers said the discussion aimed to deepen public understanding of how geopolitical conflicts shape local realities, particularly in energy security and economic stability.<\/p>\n<p>\u201cComplex global events require not only immediate responses, but also careful analysis grounded in evidence, context, and human experience,\u201d Go stressed.<\/p>\n<p>#MiddleEastConflict #PhilippineEconomy #FuelPrices #EconomicImpact #GeopoliticalShocks #EnergySecurity #MarketInstability #USIranTensions #GlobalCrises #Philippines<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2014 Academics and media leaders have underscored the far-reaching consequences of the ongoing U.S.-Israel\u2013Iran conflict, warning that the Philippines is already feeling its impact through rising fuel prices, market instability, and economic uncertainty. Speaking at the forum \u201cBato-Bato sa Langit, Ang Tamaan Ay Nagalit,\u201d organized by the Philippine Academic Society for Climate and Disaster [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-6797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-middle-east-news"],"_links":{"self":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/6797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6797"}],"version-history":[{"count":0,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/6797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/media\/6798"}],"wp:attachment":[{"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}