The Digester

President Marcos declared a one-year national energy emergency after Middle East hostilities and shipping disruptions threatened the Philippines’ largely imported fuel supplies.

President Ferdinand Marcos Jr signed a one-year national energy emergency to protect the country’s fuel supplies.
The executive order creates a committee to coordinate the movement, supply and distribution of fuel, food, medicines and other essentials.
The Philippines imports about 98% of its crude oil from the Gulf and is exposed to disruptions from the effective closure of the Strait of Hormuz.
Fuel prices have risen to more than double their level in February, increasing hardship for households.
The government says there are about 45 days of fuel supply remaining and will temporarily rely more on coal-fired power as LNG costs rise.
Authorities have provided subsidies for transport drivers, reduced ferry services and implemented a four-day work week for civil servants to conserve fuel.

Philippines declares national energy emergency amid Middle East conflict

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