Philippine president declares energy emergency as impact of Iran war felt

Transport unions say the emergency declaration is a ‘superficial band-aid’ that does not address the root cause of the fuel crisis.Philippine President Ferdinand Marcos Jr has declared a national energy emergency in response to the Israel-war-on-Iran" class="entity-link entity-event" data-entity-id="38678" data-entity-type="event">US-Israel war on Iran ⁠and what he called the “imminent danger” posed to the country’s energy supply.The emergency declaration on Tuesday came as Philippine transport workers, commuters and consumer groups plan to hold ‌a two-day strike from Thursday to protest the increase in fuel prices and what they say is the Marcos administration’s failure to swiftly respond.Recommended Stories list of 4 itemslist 1 of 4Arms manufacturer thrives amid US-Israel war on Iranlist 2 of 4Trump keeps up claims of talks with ‘the right people’ in Iranlist 3 of 4Has Iran brought down an ‘unkillable’ US F-35 jet?list 4 of 4Iranian missiles cause injuries and major damage across Israelend of list“The declaration of a state of national energy emergency will enable the government… to implement ‌responsive and coordinated measures under existing laws to address the risks posed by disruptions in the global energy supply and the domestic economy,” Marcos Jr said.As part of the emergency response, a committee has been formed to ensure the orderly movement, supply, distribution and availability of fuel, food, medicine, agricultural products and ⁠other essential goods, he said.The emergency declaration, which will remain in force for one year, authorises the government to procure fuel and petroleum products to ensure timely and sufficient supply and, if necessary, pay part of the contract amount in advance.Authorities are also empowered to take action against the hoarding, profiteering and manipulation of petroleum product supplies.Earlier on Tuesday, Secretary of Energy Sharon Garin told a news briefing that the country still had ⁠about 45 days of fuel supply, based on current consumption levels.Garin said ⁠the government was working to procure 1 million barrels of oil from countries within and outside Southeast Asia to build its buffer stock, but there will likely be uncertainties in reaching this level.