Impact of the oil price hike on basic sectors

April 2, 2026

Skyrocketing oil prices have led to huge income losses across the sectors, targeting the livelihoods of transport workers, farmers, fisherfolk, and everyday commuters. As the numbers continue to rise, more people sacrifice meals and comfortability to cope with the crisis.

People are demanding an urgent response from the government beyond austerity measures to placate turmoil. These sectors are among those that form the backbone of the economy and yet they are being left behind.