Sign In
The News Ink
  • Technology
  • Anime
  • Sports
  • Business
  • Beauty & Fashion
  • Daily News
  • More
    • Lifestyle
    • Bizarre
    • Current Affairs
    • Entertainment
    • Health
    • Opinion
    • Science
    • Travel
Reading: Philippines Declares Energy Emergency as Iran Conflict Drives Fuel Prices Higher
Share
The News InkThe News Ink
Font ResizerAa
  • Travel
  • Opinion
  • Science
  • Technology
  • Beauty & Fashion
Search
  • Home
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • Categories
    • Technology
    • Opinion
    • Travel
    • Beauty & Fashion
    • Science
    • Health
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
The News Ink > Blog > Business > Philippines Declares Energy Emergency as Iran Conflict Drives Fuel Prices Higher
Business

Philippines Declares Energy Emergency as Iran Conflict Drives Fuel Prices Higher

Dowry Lane
Last updated: March 25, 2026 9:31 am
Dowry Lane
Share
Fuel pumps in the Philippines as government declares energy emergency
The Philippines declares a national energy emergency to stabilize fuel supplies amid the Iran conflict
SHARE

The Philippines has declared a national energy emergency, becoming the first country to take such action in response to the war in Iran. President Ferdinand Marcos Jr signed an executive order to protect the country’s energy security, citing the “imminent danger” to fuel availability and stability.

The US-Israel conflict with Iran, combined with the effective closure of the Strait of Hormuz—a crucial shipping route—has disrupted global energy markets, driving up oil prices and creating shortages. The Philippines relies on the Gulf for 98% of its oil, and the price of diesel and petrol has more than doubled since the conflict began on 28 February.

Under the emergency order, the government can impose measures to stabilize energy supplies and protect the economy. A special committee will oversee the distribution of fuel, food, medicines, and other essential goods. The government can also purchase fuel directly to ensure adequate supply.

President Marcos urged Filipinos not to panic, saying the government is securing additional sources of fuel. He expressed confidence that supplies will remain sufficient before the current 45-day stock runs out. “We will have a flow of oil—not just one or two deliveries, but a continuous flow of oil-related products,” he said.

The declaration will remain in effect for one year unless extended or lifted by the president. It follows calls from senators highlighting the “emergency-level” hardship families face due to soaring fuel prices. Diesel and petrol prices continue to exceed double their pre-war levels.

Some critics, including the labor coalition Kilusang Mayo Uno (KMU), have condemned the declaration, calling it an admission that the government failed to address the crisis. They also raised concerns about clauses in the order that could restrict strikes or other economic disruptions, potentially limiting workers’ rights.

Meanwhile, business leaders have welcomed the move. Tycoon Manuel V. Pangilinan, who chairs major utilities companies, said rising energy costs are straining operations and supported giving the government every option to stabilize the economy during this difficult period.

Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
TAGGED:Philippines Declares Energy Emergency as Iran Conflict Drives Fuel Prices Higher
Share This Article
Twitter Email Copy Link Print
Previous Article ABC journalists protesting outside office during first strike in 20 years ABC Journalists Stage First Strike in Two Decades Over Pay and Working Conditions
Next Article Person holding a wall squat as part of isometric exercise routine Isometric Exercise: Quick, Effective Workouts for Strength and Heart Health
Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Editor's Pick

Hot News

Empty Mumbai Aqua Line station shows low India metro ridership crisis.

India’s Metro Gold Rush: Huge Spend, Low Riders in 2026

Mumbai's Aqua Line empties out early on weekday evenings. Commuters…

April 20, 2026

Doug Ford Sells $21M Private Jet After Ontario Backlash Erupts

Ontario Premier Doug Ford agreed to…

April 20, 2026

Oil Prices Surge Amid Rising Tensions Over Strait of Hormuz

Global oil markets reacted sharply after…

April 20, 2026

How Your Donated Clothes End Up in Chile’s Desert Waste Crisis

Donating old clothes may seem like…

April 20, 2026

Insider Trading Concerns Rise Over Market Moves During Trump’s Presidency

Concerns about insider trading have surfaced…

April 20, 2026

You Might Also Like

Argentina glaciers Andes Mendoza vineyard water supply
Business

Argentina’s Glaciers at Risk as Water Concerns Grow in Mendoza

Water is the lifeline of Argentina’s wine industry, especially in regions like Mendoza, where vineyards depend heavily on natural water…

3 Min Read
cryptocurrency hacking phishing cybercrime investigation digital theft
Business

British Man Admits Role in $8M Cryptocurrency Theft Scheme

TYLER BUCHANAN has pleaded guilty to his role in a large-scale cybercrime operation that targeted companies and individuals across the…

3 Min Read
Anthropic Mythos AI meeting White House technology discussion
Business

White House Engages Anthropic as Mythos AI Raises Security Concerns

The White House has held a “productive and constructive” meeting with leaders from Anthropic, as concerns grow over its powerful…

3 Min Read
Strait of Hormuz oil tanker global supply route reopening
Business

Oil Prices Drop as Iran Reopens Strait of Hormuz During Ceasefire

Global oil prices dropped sharply after Iran announced that the Strait of Hormuz is now open to commercial shipping during…

2 Min Read
The News Ink

Categories

  • Anime
  • Beauty & Fashion
  • Bizarre
  • Business
  • Current Affairs

Explore

  • Daily News
  • Entertainment
  • Health
  • Lifestyle
  • Opinion

More

  • Science
  • Sports
  • Technology
  • Travel

Legal Docs

  • Home
  • About Us
  • Contact
  • Blog
  • Privacy Policy
  • Terms and Conditions

© The News Ink. All Rights Reserved.

Go to mobile version
Welcome Back!

Sign in to your account

Register Lost your password?