PRIME MINISTER PHILIP J. PIERRE WARNS OF POSSIBLE OIL PRICE SURGE AMID RISING U.S.–IRAN TENSIONS

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OILED UP [2ND MARCH 2026] – Prime Minister Philip J. Pierre is urging Saint Lucians to prepare for possible economic fallout as tensions escalate in the Middle East following reported military strikes involving the United States, Israel and Iran. He cautioned that while the conflict is unfolding thousands of miles away, prolonged instability could drive up oil prices and impact fuel-dependent economies like Saint Lucia, even as he expressed hope for a swift de-escalation.

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