Manila, Philippines — March 25, 2026
The Philippines has declared a National Energy Emergency following a severe disruption in global fuel supply chains triggered by escalating tensions involving Iran, Israel, and the United States.
President Ferdinand R. Marcos Jr. signed Executive Order No. 110 on March 24, 2026, activating emergency powers that will remain in effect for one year to address the worsening fuel crisis.
Key Trigger: Strait of Hormuz Disruption
The crisis has been largely attributed to disruptions in the Strait of Hormuz, a critical maritime chokepoint for global oil trade. Reports indicate that restricted movement in the strait has significantly affected fuel imports to the Philippines, which relies on the Gulf region for 90% to 98% of its oil supply.
Fuel Prices Surge
Since the escalation of conflict in late February, fuel prices in the country have more than doubled. Diesel and petrol rates have reportedly crossed 120 pesos ($2) per liter, placing additional strain on households and businesses.
Limited Fuel Reserves
Officials estimate that the country currently holds only 45 to 53 days of fuel reserves, prompting urgent government action to manage consumption and prevent shortages.
Emergency Measures Implemented
Under the emergency declaration, the government now has expanded authority to:
- Directly procure fuel supplies and make advance payments
- Enforce anti-hoarding regulations
- Introduce fuel rationing and conservation policies
To reduce energy consumption, several government offices have shifted to a four-day workweek, while students have been instructed to attend online classes in affected regions.
First Country to Declare Emergency
The Philippines is believed to be the first country to officially declare a national emergency linked to the ongoing Iran-related geopolitical crisis, highlighting the far-reaching global impact of disruptions in energy supply routes.
Broader Implications
Analysts warn that continued instability in global oil transit routes could lead to similar crises in other energy-dependent nations, particularly in Asia.
Disclaimer: The situation remains dynamic, and fuel supply conditions may evolve based on geopolitical developments and global market responses.
