A man sells the popular breakfast roll 'pandesal' in Manila on April 7, 2026. While sticker shock at petrol stations has garnered the biggest headlines since the war in the Middle East forced the partial closure of the Strait of Hormuz, the rising price of LPG has hit the import-dependent archipelago's humble street food vendors hard. (Photo by Jam STA ROSA / AFP via Getty Images) / TO GO WITH AFP STORY: Iran-War-US-Israel-Philippines-economy-LPG, by Pam CASTRO

People eat braised beef stew locally knows as 'pares at a stall in Manila on April 7, 2026. While sticker shock at petrol stations has garnered the biggest headlines since the war in the Middle East forced the partial closure of the Strait of Hormuz, the rising price of LPG has hit the import-dependent archipelago's humble street food vendors hard. (Photo by Jam STA ROSA / AFP via Getty Images) / TO GO WITH AFP STORY: Iran-War-US-Israel-Philippines-economy-LPG, by Pam CASTRO

People buy food at a curbside canteen in Manila on April 7, 2026. While sticker shock at petrol stations has garnered the biggest headlines since the war in the Middle East forced the partial closure of the Strait of Hormuz, the rising price of LPG has hit the import-dependent archipelago's humble street food vendors hard. (Photo by Jam STA ROSA / AFP via Getty Images) / TO GO WITH AFP STORY: Iran-War-US-Israel-Philippines-economy-LPG, by Pam CASTRO

A man eats at a stall in Manila on April 7, 2026. While sticker shock at petrol stations has garnered the biggest headlines since the war in the Middle East forced the partial closure of the Strait of Hormuz, the rising price of LPG has hit the import-dependent archipelago's humble street food vendors hard. (Photo by Jam STA ROSA / AFP via Getty Images) / TO GO WITH AFP STORY: Iran-War-US-Israel-Philippines-economy-LPG, by Pam CASTRO

A boiling pot is seen at a curbside canteen in Manila on April 7, 2026. While sticker shock at petrol stations has garnered the biggest headlines since the war in the Middle East forced the partial closure of the Strait of Hormuz, the rising price of LPG has hit the import-dependent archipelago's humble street food vendors hard. (Photo by Jam STA ROSA / AFP via Getty Images) / TO GO WITH AFP STORY: Iran-War-US-Israel-Philippines-economy-LPG, by Pam CASTRO

People eat at a curbside canteen in Manila on April 7, 2026. While sticker shock at petrol stations has garnered the biggest headlines since the war in the Middle East forced the partial closure of the Strait of Hormuz, the rising price of LPG has hit the import-dependent archipelago's humble street food vendors hard. (Photo by Jam STA ROSA / AFP via Getty Images) / TO GO WITH AFP STORY: Iran-War-US-Israel-Philippines-economy-LPG, by Pam CASTRO

Naseema, a five-month pregnant migrant worker carries firewood from a scrubland near her rented shanty in New Delhi on April 9, 2026. Migrant workers in India's capital reeling from an energy crunch sparked by the Mideast war, are weighing whether to leave New Delhi for good. (Photo by Sajjad HUSSAIN / AFP via Getty Images) / To go with 'India-Politics-Economy-Energy-Migration' FOCUS by Uzmi ATHAR

Migrant workers sit inside their rented room in New Delhi on April 9, 2026. Migrant workers in India's capital reeling from an energy crunch sparked by the Mideast war, are weighing whether to leave New Delhi for good. (Photo by Sajjad HUSSAIN / AFP via Getty Images) / To go with 'India-Politics-Economy-Energy-Migration' FOCUS by Uzmi ATHAR