Categories: Estero

Philippines has ’45 days of fuel left’, declaring state of emergency from Iran war | BBC News


The Philippines has declared a state of national energy emergency, citing the "imminent danger" posed to the country’s fuel supplies by the conflict in the Middle East.

President Ferdinand Marcos Jr said he had signed an executive order to safeguard energy security amid severe disruption to global supply chains.

The US-Israel war with Iran – and the effective closure of the Strait of Hormuz, a key shipping route – has sent shock waves through global energy markets, causing soaring prices and shortages.

The Philippines is highly dependent on fuel imports and particularly vulnerable to disruptions in production and shipments.

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#Philippines #Iran #US #BBCNews

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