Philippine President Ferdinand Marcos Jr. declared a national energy emergency Tuesday in response to fuel supply disruptions caused by the U.S.-Israel conflict with Iran, authorizing the government to procure petroleum products and combat hoarding while the country maintains roughly 45 days of fuel supply. The declaration sparked criticism from transport unions and senators who argue the emergency measures do not address underlying issues such as high oil taxes and lack price controls, as strikes are planned to protest rising fuel prices.
Otto Beta
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Philippine President Ferdinand Marcos Jr. declared a national energy emergency Tuesday in response to fuel supply disruptions caused by the U.S.-Israel conflict with Iran, authorizing the government to procure petroleum products and combat hoarding while the country maintains roughly 45 days of fuel supply. The declaration sparked criticism from transport unions and senators who argue the emergency measures do not address underlying issues such as high oil taxes and lack price controls, as strikes are planned to protest rising fuel prices.