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Philippine Daily Inquirer

PoliticsPhilippine Daily Inquirer·Aug 4, 2026·1 min read

MidEast war weighs down on Petron’s first-half earnings

MANILA, Philippines — Petron Corp. posted a 27-percent drop in its bottom line in the first semester as the hostilities in the Middle East drove up costs. The company led by billionaire Ramon Ang, reported on Tuesday that its net income…

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