00:00Oil prices are expected to rise again starting Tuesday, May 5 after three straight weeks of
00:05diesel price rollbacks. The Energy Department announces diesel prices will increase by almost
00:103 pesos per liter and 2 pesos and 21 centavos for gasoline. Meanwhile, kerosene will drop by
00:16at least 3 pesos and 53 centavos per liter. Diesel is expected to settle between nearly 80
00:22pesos to 102 pesos and 16 centavos per liter. Gasoline at at least 74 pesos to 102 pesos and 20
00:28centavos
00:29per liter. And kerosene at almost 125 pesos to 146 pesos and 46 centavos in Metro Manila from May 5
00:36to 11.
00:37U.S. President Donald Trump says the U.S. will aid stranded ships in the Strait of Hormuz Monday,
00:42May 4. This as Iran tightens its grip on the crucial waterway over two months into the
00:47ongoing U.S.-Israeli war on Iran. Trump says the operation is a humanitarian gesture for
00:53neutral countries with ships locked up in the Strait. Trump says, we have told these countries
00:58that we will guide their ships safely out of these restricted waterways so that they can freely and
01:02ably get on with their business.
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