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.

Malacañang has acknowledged the efforts of local government units and the private sector to mitigate the effects of the Middle East crisis, particularly on vulnerable groups. Executive Secretary Ralph Recto highlighted initiatives like boosting fuel supplies and providing free transportation. He described these as a synergy ensuring the nation's energy security amid external pressures.

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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.

Sen. Imee Marcos criticized her brother's administration for delaying fuel price limits as global oil prices decline amid easing Middle East tensions. She said the Department of Energy appeared to have only recently discovered its legal powers. Senate President Pro Tempore Panfilo Lacson, meanwhile, backed the DOE's move.

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President Ferdinand Marcos Jr. assured that the Philippines has sufficient petroleum supply despite gas prices doubling due to the Gulf war. Foreign Affairs Secretary Maria Theresa Lazaro spoke with her Iranian counterpart to secure safe passage for Philippine vessels and seafarers in the Strait of Hormuz. The country received 700,000 barrels of Russian crude oil thanks to a US waiver.

The House of Representatives has approved a bill on second reading granting President Marcos special powers to suspend or reduce excise taxes on fuel to cushion the impact of soaring oil prices due to the Middle East conflict. This measure is part of broader government efforts to protect Filipinos from potential increases in commodity prices. Meanwhile, the Department of Transportation is studying a possible fare hike for public transport.

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Vice President Sara Duterte's camp frames her impeachment proceedings as a political distraction from the escalating energy crisis, while House lawmakers assert they can address both accountability and economic challenges.

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Senator Gatchalian urges inter-agency response amid fuel crisis

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Senate committee to probe oil firms for possible collusion

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DBM sets aside P238 billion for oil crisis response

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House panel convenes on oil crisis relief package today

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DBCC set to submit fuel tax recommendations to Marcos today

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Marcos orders government offices to reduce power and fuel use

Ijumaa, 27. Mwezi wa tatu 2026, 16:44:49

Philippines has crude oil supply until June 30, Marcos says

Jumanne, 17. Mwezi wa tatu 2026, 15:41:27

DOE chief says no oil crisis

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Senate approves emergency powers for Marcos on fuel excise tax

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Palace hits back at Sara Duterte over oil price criticism

 

 

 

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