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What's behind the Philippines' 'national energy emergency'

What's behind the Philippines' 'national energy emergency'

Published 6 months, 2 weeks ago
Description
The Philippines declared a state of national energy emergency on March 24, 2026, primarily due to severe global fuel supply disruptions and skyrocketing prices triggered by the war in Iran. 

Middle East Conflict & Strait of Hormuz Closure: The U.S.-Israel war with Iran led to the effective closure of the Strait of Hormuz, a critical global shipping route that handles approximately 20% of the world's oil supply.


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