Philippines, Oct. 22 -- The Asian Development Bank (ADB) has approved a $5.6 million grant to help the Federated States of Micronesia contain fuel costs driven up by the Middle East conflict and keep essential public services running across the Pacific island nation. The grant will help finance the government's $20 million Crisis Response Plan, including a $15 million Fuel Stabilization Fund to cushion sharp increases in fuel prices. The plan will also help maintain essential services and provide temporary financial assistance to vulnerable households, while strengthening the country's ability to withstand future economic shocks.The Federated States of Micronesia imports all its petroleum. The state-owned FSM Petroleum Corporation reports t...