24/03/2026
24/03/2026
MANILA, March 24: Philippine President Ferdinand Romualdez Marcos Jr. on Tuesday declared a state of national energy emergency as escalating tensions in the Middle East threatened global oil supplies and intensified concerns over the country's fuel security.
In a statement issued by Malacañang, Marcos said the move aims to safeguard the Philippines’ energy stability, ensure continued electricity generation, and mitigate potential disruptions in fuel imports resulting from the ongoing conflict in the region.
The President directed all government agencies and local government units to implement emergency measures to manage supply shortages, stabilize fuel prices, and protect critical sectors such as transportation, power, and food distribution.
Energy Secretary Raphael Lotilla said the Department of Energy (DOE) is closely monitoring global oil market developments and working with industry stakeholders to secure alternative supply routes. He added that contingency plans include tapping into the country’s strategic fuel reserves and accelerating renewable energy integration to cushion the impact of possible import constraints.
The declaration comes as crude oil prices surged to multi-year highs following renewed hostilities in the Middle East, raising fears of widespread energy shocks across Asia. The Philippines imports almost all of its oil requirements, making its economy particularly vulnerable to external supply disruptions.
Officials said the government is also studying temporary relief measures for transport groups and businesses heavily affected by rising fuel costs, while urging the public to conserve energy. (Agencies)
