The Philippines is under a national energy state of emergency as local fuel prices have doubled and oil stockpiles have dwindled. Drivers stage a rally during a 2-day strike to protest over rising fuel prices, amid the U.S.-Israeli conflict with Iran, in Quezon City, Philippines. Canada has some level of protection from the worst impacts of the crisis, considering its abundance of energy production. WATCH | Why oil prices are rising in Canada, but natural gas is so far unchanged: How the global energy crisis is impacting some prices in Canada | Duration 2:59 No fuel shortages, but gasoline and diesel prices are rising. So far, natural gas prices haven't budged in Canada, explains Warren Mabee, a professor at Queen's University.

Source: CBC News April 03, 2026 14:25 UTC