Hinuhikayat ni Marcos ang ASEAN na subukan ang fuel-sharing pact

Hinikayat ni Pangulong Ferdinand Marcos Jr. ang mga bansa sa Southeast Asia na i-activate at subukan ang kanilang fuel-sharing agreement dahil sa epekto ng Middle East conflict sa mga import-dependent economies. Sinabi ng Department of Energy na posible pang magkaroon ng isa pang rollback sa presyo ng gasolina ngayong linggo, bagaman walang katiyakan dahil sa volatility ng global oil market. Inutusan din ng DOE ang mga fuel firms na mag-ulat ng storage capacities.

Sa Asia Zero Emission Community Plus summit na pinagmimistulan ng Japan, binanggit ni Marcos na handa ang Pilipinas na mag-host o mag-co-chair ng unang emergency simulation exercise sa ilalim ng ASEAN Petroleum Security Agreement.

Sa bahay, nagpahayag ang DOE na posible pa ang muling pagbaba ng presyo ng gasolina sa susunod na linggo. Gayunpaman, binigyan-paalam ng mga opisyal na walang garantiya dahil sa patuloy na pagbabago sa presyo ng krudo sa mundo.

Inutusan din ng DOE ang mga fuel firms at storage operators na mag-ulat ng kanilang total at available storage capacity upang masubaybayan ang buffer space laban sa posibleng supply disruptions. Sakop nito ang mga downstream oil industry participants na may-ari, nagrerent o nag-ooperate ng terminals at depots. Pinahintulutan din ang coordinated use ng storage facilities ng Philippine National Oil Company at PNOC Exploration Corp., depende sa technical feasibility.

Ang mga price benchmarks para sa Huwebes, Abril 16, 2026, ay nananatiling valid mula sa nakaraang advisory noong Abril 14.

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President Marcos signs executive order declaring national energy emergency amid global oil crisis from Middle East war.
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Marcos declares state of national energy emergency

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President Ferdinand Marcos Jr. declared a 'state of national energy emergency' on Tuesday, March 24, due to the impact of the US-Israel war against Iran on the Philippines' oil supply. Through Executive Order No. 110, he also adopted UPLIFT to mitigate effects on the economy and citizens. It remains in place for one year unless altered by Marcos.

President Ferdinand Marcos has directed all government agencies to strictly implement cuts in power and fuel use amid rising oil prices from the Middle East conflict. Executive Secretary Ralph Recto emphasized that compliance is mandatory across the bureaucracy. Inspections have already covered over 1,000 offices.

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Despite Philippine officials securing safe passage assurances through the Strait of Hormuz from Tehran, fuel prices in Metro Manila remained elevated on April 4 amid lingering effects of the Iran war—following President Marcos' March 24 national energy emergency declaration.

Economic managers are set to meet today to submit proposals to President Ferdinand Marcos Jr. addressing soaring oil prices from the Middle East war. Presidential Communications Undersecretary Claire Castro said the Development Budget Coordination Committee discussed measures including fuel excise taxes. The UPLIFT committee meeting is also scheduled.

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Manila Mayor Isko Moreno Domagoso has ordered a 50% reduction in fuel use across the city government in response to supply and price disruptions from the US-Iran conflict in the Middle East. This comes as oil prices are set to rise in the Philippines next week. The measures aim to safeguard public funds and essential services.

No announcements from the government or schools exist regarding class suspensions from March 9 to 13 due to a potential oil price hike from Middle East tensions. This claim spread on social media but has been debunked as false news. Meanwhile, the Senate filed a bill for a national petroleum reserve to counter fuel supply crisis effects.

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Following the first 142,000-barrel shipment that arrived on March 26, the Philippine government has secured a total of 1.04 million barrels of diesel to bolster the country's fuel buffer amid the global oil crisis. The remaining 900,000 barrels are expected next month, helping maintain stocks above minimum levels during the energy emergency.

 

 

 

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