Parañaque 2nd District Representative Brian Raymund Yamsuan has proposed a temporary shift to work-from home setups and online classes to help cushion the impact on the public of the possible massive surge in oil prices resulting from the ongoing conflict in the Middle East.
“We should act fast to ease the burden on our countrymen if oil prices continue to spike. We call on the government and the private sector to start planning the temporary transition to work-from-home setups for employees, and for schools to prepare for online classes,” Yamsuan said.
“These are the steps that we can immediately take para makatulong sa ating mga kababayang unang tatamaan ng epekto nang patuloy na pagtaas ng presyo ng langis kung magtagal pa ang krisis sa Middle East,” Yamsuan said.
Yamsuan said the transport sector would be among the first to feel the impact of fuel price shocks, which could further burden the public already reeling from the high prices of basic goods.
The sudden spike in crude oil prices came amid fears that Iran could totally cut off access to the Strait of Hormuz, where a fifth of the world’s oil supply are shipped through this narrow passage,
Global oil prices rose to $82.57 a barrel as of today based on news reports. According to the Department of Energy (DOE), fuel prices could jump by P10 per liter in the coming weeks if the war escalates.
