Iran war impact: Philippines declares energy emergency with only 40 days of fuel remaining

Iran war impact: Philippines declares energy emergency with only 40 days of fuel remaining
The Philippines has declared a national energy emergency due to escalating Middle East conflict, fearing imminent danger to fuel supplies. President Marcos Jr. warned of potential flight groundings and industry rationing. The government is empowered to enforce conservation, fast-track procurement, and provide commuter relief. This move highlights the nation's vulnerability to global oil disruptions.