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SBS News in Filipino Thursday, 12 March 2026

Gas station pump

G-7 countries have agreed to the largest release of emergency oil supplies in history, as Iran threatens the price of oil will more than double. The Iranian regime says oil will cost 200 U-S dollars a barrel, up from its current price of 90 dollars a barrel. The consequences, including fuel supply shortages and economic ramifications, will be significant, triggering the release of 400 million barrels of oil managed by the International Energy Agency. Credit: Rafael Ben-Ari/Getty Images

Here are today’s top stories on SBS Filipino.


Key Points
  • G-7 countries have agreed to the largest release of emergency oil supplies in history, as Iran threatens the price of oil will more than double.
  • The Iranian regime says oil will cost 200 U-S dollars a barrel, up from its current price of 90 dollars a barrel.
  • Victorian homebuyers will be given free building and pest reports, under a new scheme proposed by Premier Jacinta Allan.

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