"The state of national energy emergency is declared in light of the ongoing conflict in the Middle East, posing an imminent danger to the availability and stability of the country's energy supply."
"The Philippines is seeking waivers from the US state department to obtain oil from US-sanctioned countries, possibly including Iran and Venezuela, to ensure its fuel supply."
"As of 20 March, the government reported having about 45 days of fuel supply remaining and is looking to procure another 1 million barrels of oil to build its buffer."
"The government has started providing 5,000 pesos each to motorcycle taxi drivers and public transport workers to help cope with soaring fuel prices, along with free bus rides for students and workers."
Ferdinand Marcos declared a state of national energy emergency in the Philippines due to the Middle East conflict, which threatens energy supply. The emergency lasts for a year and allows the energy department to combat hoarding and secure fuel contracts. The Philippines is seeking waivers to obtain oil from US-sanctioned countries. The government has about 45 days of fuel supply left and plans to procure an additional 1 million barrels. Support measures for transport workers include financial aid and free bus rides to mitigate rising fuel prices.
Read at www.theguardian.com
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