# Oil Imports
Latest news and articles about Oil Imports
Total: 3 articles found
Energy Realism: Manila’s High-Stakes Gambit for Sanctioned Crude
President Ferdinand Marcos Jr. has declared a national energy emergency in the Philippines, prompting the country to seek U.S. sanctions waivers for oil imports from Iran, Venezuela, and Russia. As traditional Middle Eastern supply lines face disruption, Manila is prioritizing energy security over strict adherence to Western-led trade restrictions.
Manila’s Energy Brinkmanship: Seeking Sanctions Relief Amid a Middle East Maelstrom
The Philippines has declared a national energy emergency and is seeking U.S. sanctions waivers to import oil from Iran and Venezuela. As domestic reserves dwindle to a 45-day supply, Manila is testing its diplomatic ties with Washington to ensure economic survival amidst Middle East instability.
Fueling Crisis: Marcos Warns of Grounded Flights as Middle East Tensions Choke Philippine Supplies
Philippine President Ferdinand Marcos Jr. warned that domestic flights may be grounded due to aviation fuel shortages caused by Middle East conflicts. The crisis highlights the country's extreme vulnerability to energy imports and global supply chain disruptions.