Economy

Marcos: PH crude oil supply enough until June 30

Asia / Philippines0 views1 min
Marcos: PH crude oil supply enough until June 30

President Marcos assured the public that the Philippines has enough crude oil supply to last until June 30, despite the ongoing conflict in the Middle East. The government continues to look for additional suppliers to ensure long-term energy security and ease the burden on Filipinos due to volatile fuel prices.

President Marcos said the Philippines has secured sufficient crude oil imports for the coming months. The country has enough crude oil supply to last until June 30. A shipment of over 700,000 barrels of crude oil from Russia recently arrived in the country. The government continues to look for additional suppliers to ensure long-term energy security. Efforts aim to ease the burden on Filipinos as fuel prices remain volatile due to the ongoing conflict in the Middle East. The government has formed a crisis committee to address supply and price issues.

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