谢尔温·加查里安参议员敦促政府采取跨部门联合行动，保护就业岗位，并为受中东冲突经济影响而举步维艰的微型、小型和中型企业（MSMEs）提供财政援助。他警告称，当前的燃料危机将对劳动力市场产生严重影响。
在马尼拉，谢尔温·加查里安参议员敦促立即动员跨部门力量，以保护就业岗位及微中小型企业免受中东冲突（特别是燃料危机）带来的经济后果影响。加查里安表示：“油价上涨可能会引发更多的裁员和招聘冻结，特别是在那些严重依赖运输、电力和配送的行业。”他呼吁推出由“及时有效的危机战略主动响应与监督特别委员会”制定的短期经济保护措施。为了防止企业倒闭和失业，加查里安提议为受油价飙升影响严重的微中小型企业提供优惠信贷和临时运营支持。他指出，贸易与工业部（DTI）名下约有22.7亿比索的闲置资金，其中包括2026年《一般拨款法案》中为微中小型企业项目预留但尚未分配的19.65亿比索，以及2025年预算中留存的3.099亿比索拨款，这些资金无需通过新立法即可直接使用。加查里安还敦促劳工与就业部（DOLE）及技术教育与技能发展局（TESDA）通过为失业工人提供紧急技能重塑和技能提升项目，来配合贸易与工业部的工作。
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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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The Senate's probe into the government's response to the Middle East crisis is targeting oil companies for potential profiteering as fuel prices rise sharply. Sen. Sherwin Gatchalian voiced concerns over firms selling old fuel stocks at elevated prices. Sen. Bam Aquino called for a price freeze on essential goods.
On Thursday, March 12, President Ferdinand Marcos Jr. certified as urgent a bill granting him emergency powers to suspend or reduce excise taxes on petroleum products. The move aims to address soaring fuel prices amid Middle East tensions. Sen. Win Gatchalian warned of tradeoffs, including a potential P136 billion revenue loss for the government.
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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 ways and means committee, led by Rep. Miro Quimbo, convenes on Wednesday, April 8, to discuss a potential relief package amid the oil and energy crisis triggered by the Middle East conflict. Government agencies have been invited to brief lawmakers on fuel supply, economic impacts from the US war on Iran, and the government's response. The hearings aim to craft a Bayanihan 3 package for short-term relief and long-term resilience.
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Energy Secretary Sharon Garin warned that a potential fuel supply shortfall poses a greater risk than rising pump prices amid Middle East tensions. The Philippines has sufficient fuel supply for April, but the government is focused on preventing depletion. It is exploring alternative sources to sustain oil imports.