Philippines declares energy emergency over Iran conflict

The war has caused "imminent danger" to the country's energy supplies, President Ferdinand Marcos Jr says.

Philippines Declares National Emergency Over High Fuel Prices

The Southeast Asian country imports 90 percent of its oil from the Middle East, and the government is under intense pressure to deal with the situation.

By Sui-Lee Wee

Philippines Says Grounding Planes Is a ‘Distinct Possibility’ - Bloomberg.com

Philippines Says Grounding Planes Is a ‘Distinct Possibility’  Bloomberg.com

How to protect your money from the Iran war - The Times

How to protect your money from the Iran war  The Times

Philippines declares energy emergency over Middle East conflict risks

Philippine ⁠President Ferdinand Marcos Jnr on ⁠Tuesday declared a state of national energy emergency in response to the Middle East conflict and what he called an “imminent danger” posed to the country’s energy supply. Marcos ‌Jnr said a committee has been formed to ensure the orderly movement, supply, distribution and availability of fuel, food, medicines, agricultural products and other essential goods. In an executive order shared with media, Marcos Jnr said the conflict had created...

By Reuters

Voices: Britain’s most vulnerable must be protected from the soaring cost of the Iran crisis

Editorial: As Donald Trump’s war inflicts greater pain on British household bills than we have seen in years, every lever must be pulled to give those who can least afford the hurt the greatest help

By Edited

Crisis-Struck Philippines Reportedly Buys Russian Oil For First Time in 5 Years

Ship tracking data showed that the Sierra Leone-flagged tanker, Sara Sky, reached the Limay anchorage in Manila Bay on Monday afternoon.

DOE’s Garin says PH has average 45 days of fuel supply, down by 10 days since war began

Energy Secretary Sharon Garin says supply is still 'manageable' and 'not yet alarming'

By Isagani de Castro Jr.

Gov’t allots P20B to buy 2 million barrels of diesel

The Philippine government is allotting P20 billion to purchase up to 2 million barrels of diesel meant to bolster the local stockpile as the Middle East war continues to disrupt global trade flows. In a briefing on Tuesday, Energy Secretary Sharon Garin said the Philippine National Oil Co. (PNOC) will focus on the acquisition, with

By NewsPublish

Marcos: Flight groundings possible due to fuel shortage

President Ferdinand Marcos Jr. said that grounding airplanes is a "distinct possibility” amid soaring oil prices caused by the Iran-Israel war.

By Jean Mangaluz

Philippines declares national emergency over fuel price hike

The Philippines declares a national energy emergency due to the Middle East conflict, addressing imminent risks to the domestic fuel supply and stability. Read More: https://punchng.com/philippines-declares-national-emergency-over-fuel-price-hike/

By Punch Newspapers

Slovenia becomes first EU country to introduce fuel rationing

Slovenia has become the first EU member state to implement fuel rationing to tackle disruptions caused by the US-Israeli strikes on Iran and its retaliation on their allies in the Gulf - most major players in world energy markets.

By Abubakar Ibrahim