Recto: Oil crisis committee will sustain government efforts

Executive Secretary Ralph Recto said the oil crisis committee ordered by President Marcos 'does not start, but sustains and strengthens' mitigation measures to protect sectors affected by the Middle East crisis. Recto emphasized it builds on existing efforts amid elevated fuel prices. Senators urged the government to officially acknowledge the oil crisis.

MANILA, Philippines — Executive Secretary Ralph Recto stated that the interagency crisis committee, to be formed by presidential order, institutes a 'division of labor' among agencies to better manage the Middle East crisis impacts, including elevated fuel prices from destroyed oil facilities. 'Even if the war will end tomorrow... normalization will not instantaneously follow. The damage has to be repaired,' Recto said, noting the government is allocating 'tens of billions of pesos' in aid for vulnerable groups. Presidential Communications Undersecretary Claire Castro announced on Monday that the committee is 'being finalized.' At a Senate hearing, Sen. Loren Legarda urged the Marcos administration to acknowledge the 'oil crisis,' warning, 'If we do not admit that there’s a crisis... the agencies will not act with urgency.' She rebuked the Department of Energy for citing the chamber's legislative break as cause for delayed PNOC funding approval and criticized DOE Secretary Sharon Garin's initial absence, though Garin arrived later. Bayan president Renato Reyes called the denial 'an utter lack of urgency and gross detachment from reality,' while ACT chairperson Ruby Bernardo highlighted the burden on average citizens. — Neil Jayson Servallos, Emmanuel Tupas, Bella Cariaso

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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.

A newly formed Senate ad hoc committee on Middle East crisis response will hold its first hearing on Tuesday, chairman Sen. Sherwin Gatchalian announced. The Proactive Response and Oversight for Timely and Effective Crisis Strategy committee aims to check funds in the 2026 General Appropriations Act to address the crisis from US-Israel attacks on Iran. Fuel prices are soaring, threatening food security.

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Malacañang assured the public on Tuesday, March 10, that the Philippines has sufficient supplies of fuel and basic commodities despite rising global oil prices due to the ongoing Middle East crisis. There is no reason for panic buying, the Palace said. Government agencies are closely monitoring the situation to ensure market stability.

The House Committee on Ways and Means has approved a substitute bill empowering President Bongbong Marcos to suspend or reduce excise taxes on petroleum products amid surging fuel prices due to the escalating Middle East conflict.

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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.

Malacañang has clarified there is no immediate cabinet revamp under President Marcos, but the president is reviewing the Department of Environment and Natural Resources (DENR) secretary position. This follows reports of a potential leadership change for Environment Secretary Raphael Lotilla. The palace also plans to submit names to the Commission on Appointments soon to reduce acting officials.

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Following the bicameral conference committee's reconciliation of the 2026 budget, Senate President Pro Tempore Panfilo Lacson advocated for a reenacted budget in early January over a rushed one unresponsive to needs, allowing time for review of the P6.793-trillion proposal amid public funds controversies. Acting Executive Secretary Ralph Recto said President Marcos will scrutinize it before signing.

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