3月12日星期四，费迪南德·马科斯 Jr. 总统将一项赋予他紧急权力以暂停或降低石油产品消费税的法案认证为紧急法案。此举旨在应对中东紧张局势引发的燃料价格飙升。温·加奇阿里安参议员警告称，这将带来权衡取舍，包括政府可能损失1360亿比索收入。
在给众议院议长博吉·迪的信中，费迪南德·马科斯 Jr. 总统认证了众议院法案8418立即颁布的必要性，该法案授权总统在国家和全球经济紧急情况下暂停或降低石油产品消费税，修改1997年《国家内部收入法》。马科斯表示，这将“允许政府迅速应对异常燃料价格波动，并在严重经济中断期间稳定国内燃料价格”。 该法案旨在缓解燃料价格上涨对民众的影响。
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Oil firms confirmed price rollbacks effective 6 a.m. Tuesday, April 14, matching Department of Energy projections: diesel down P20.89 to P23 per liter, gasoline P4.43 to P4.50, and kerosene P8.50. The cuts end surges of over P100 on diesel since late February's Middle East crisis. President Marcos suspended excise taxes on LPG and kerosene, while a jeepney subsidy launches.
In response to ongoing fuel price volatility from Middle East tensions and global oil surges, President Ferdinand Marcos Jr. issued Executive Order No. 114 on April 16, 2026, suspending excise taxes on liquefied petroleum gas (LPG) and kerosene for three months to ease burdens on Filipino households, following economic managers' defense of targeted relief.
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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.
President Ferdinand Marcos Jr. urged Southeast Asian nations to activate and test their fuel-sharing pact, citing vulnerabilities exposed by the Middle East conflict for import-dependent economies. The Department of Energy said another round of fuel rollbacks remains possible next week, though officials cautioned against assuming the downtrend will hold amid global oil market volatility. DOE also ordered fuel firms to report storage capacities to prepare for disruptions.
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Senator Sherwin Gatchalian is urging the government to mobilize an inter-agency response to protect jobs and provide financial lifelines to micro, small, and medium enterprises struggling from the economic fallout of the Middle East conflict. He warns that the current fuel crisis will severely impact the labor market.
The Marcos administration has lowered port and toll fees to mitigate oil price shocks from Middle East tensions, Malacañang announced yesterday. Executive Secretary Ralph Recto urged national agencies and local governments to help truckers of farm produce benefit from the toll and port fee holiday to ease food and transport costs.
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President Lula's government presented a bill to Congress on April 23, 2026, allowing PIS/Cofins cuts on gasoline, ethanol, diesel, and biodiesel using extraordinary oil revenues. The measure addresses a 61% rise in gasoline import costs driven by the war in Iran, per ANP data. Officials state the cuts will be partial and temporary, possibly for two months.