Labor group Laban Mangagawa has raised concerns over the economic ripple effects of escalating tensions in the Middle East, warning that surging global oil prices could further strain Filipino workers and low-income households already burdened by high inflation.
The concerns stemmed from heightened conflict involving the United States, Israel, and Iran, with fears that disruptions in the Strait of Hormuz—a critical global oil transit route—could trigger sustained increases in fuel costs worldwide.
For the Philippines, which relies heavily on imported petroleum, such developments pose immediate risks to transportation, electricity rates, and the prices of essential goods.
Laban Mangagawa, in a press release, said that the impact is magnified by the country’s dependence on imports and the vulnerability of consumers to global market shocks.
The labor group also criticized existing energy policies, particularly the Oil Deregulation Law, arguing that it limits the government’s ability to shield consumers from volatile fuel prices.
Economic managers, meanwhile, have resisted proposals to suspend excise taxes and value-added tax on petroleum products, citing potential revenue losses for the state.
Laban Mangagawa contended that alternative measures—such as targeted subsidies, stronger price controls, and broader taxation reforms—should be explored to reduce the burden on workers.
Among the immediate proposals raised are nationwide free public transport programs, financial assistance for low-income families, a temporary loan moratorium, and legislation establishing a national minimum wage.
The issue has gained renewed attention as labor groups prepare for International Workers’ Day mobilizations, where economic insecurity, wage concerns, and energy costs are expected to feature prominently.
The labor group also linked the domestic crisis to broader calls for labor rights, including an end to contractualization and stronger protections for union organizing.
While geopolitical tensions remain outside the country’s direct control, labor leaders argue that the government’s policy choices will determine how severely ordinary Filipinos feel the effects.
As global uncertainty continues, the challenge for policymakers will be balancing fiscal considerations with urgent calls for consumer protection and long-term economic resilience.IMT
