News
Ferdinand Marcos Promises Oil Supply as Philippines Declares Energy Emergency
Ferdinand Marcos has pledged to secure a steady “flow of oil” for the Philippines after declaring a state of national energy emergency in response to escalating global supply disruptions linked to the conflict involving Iran.
In a televised address, Marcos assured citizens that the government is working to procure one million barrels of oil to supplement existing reserves, which currently cover about 45 days of supply. He emphasised that the country would receive multiple deliveries to stabilise fuel availability.
The Philippines—heavily reliant on imports for roughly 98% of its oil, largely from the Gulf—has been hit hard by surging global prices. The crisis has been intensified by the conflict involving the United States, Israel, and Iran, alongside disruptions in the Strait of Hormuz, a vital artery for global energy shipments.
Under the emergency declaration, the government now has expanded powers to directly procure fuel, regulate distribution, and ensure the steady supply of essential goods such as food and medicine. A special committee has also been established to oversee these efforts. The measures are set to remain in effect for up to one year unless lifted earlier.
Philippine Ambassador to the US, Jose Manuel Romualdez, indicated that Manila is engaging with Washington to explore options for sourcing oil, including potential exemptions that would allow imports from US-sanctioned countries.
The announcement follows sharp increases in petrol and diesel prices, which have more than doubled since late February, placing significant strain on households and businesses.
Labour group Kilusang Mayo Uno (KMU) criticised the move, describing it as an acknowledgment of government shortcomings in managing the crisis. The group also raised concerns about provisions in the emergency order that could restrict labour actions, including strikes, warning these could limit workers’ ability to protest amid rising living costs.
At the same time, business leaders such as Manuel V. Pangilinan have backed the government’s expanded powers, noting that escalating energy costs are already affecting operations across key sectors.
Transport unions, including Piston, have announced a two-day strike, demanding measures such as fuel tax cuts, price controls, and wage increases. The planned action underscores growing public frustration over the economic impact of the crisis.
Meanwhile, Energy Secretary Sharon Garin said the country may temporarily rely more on coal-fired power plants to offset rising liquefied natural gas costs.
News
Israel–Lebanon Talks to Begin in Washington as U.S. Hosts Diplomatic Push
Fresh diplomatic efforts between Israel and Lebanon are set to get underway in Washington, D.C. today, as both sides move forward with talks aimed at easing longstanding tensions.
The discussions are scheduled to begin at 11:00 ET (15:00 GMT), with Marco Rubio expected to participate, according to a U.S. State Department memo.
Representing their respective countries will be Yechiel Leiter and Nada Hamadeh Moawad, both of whom are set to take part in the high-level meeting.
Officials say the ambassadors will briefly address the press ahead of the session, after which discussions will continue behind closed doors.
News
Trump Orders U.S. Navy to Blockade Strait of Hormuz After Iran Talks Collapse
U.S. President Donald Trump has announced a major escalation in tensions with Iran, declaring that the United States will begin a naval blockade of the Strait of Hormuz following the collapse of negotiations over Tehran’s nuclear ambitions.
In a series of lengthy social media posts, Trump said he had instructed the U.S. Navy to “seek and interdict every vessel in international waters that has paid a toll to Iran,” describing such payments as illegal. He added that any ship complying with Iran’s system would no longer be guaranteed “safe passage” on the high seas.
While the president did not specify how that threat would be enforced, recent U.S. naval operations — including the boarding of vessels linked to sanctioned countries — suggest that interdictions, inspections, or seizures could be used. Trump also indicated that “other countries” may participate in the blockade effort, though he did not name any potential allies.
The move follows the breakdown of diplomatic efforts between Washington and Tehran, with both sides remaining far apart on key issues surrounding Iran’s nuclear programme. Despite Trump’s suggestion that Iran may be willing to reopen the strait, Iranian officials have consistently signaled the opposite, emphasizing their control over the vital maritime corridor as a key source of strategic leverage.
In recent months, Iran has implemented a selective restriction of traffic through the Strait of Hormuz, one of the world’s most critical energy chokepoints. Passage has largely been limited to vessels from countries considered friendly to Tehran or ships believed to have paid a reported toll of around $2 million.
The U.S. response now aims to disrupt that arrangement entirely, effectively countering Iran’s influence over the waterway. Analysts note that while this does not yet amount to a full-scale resumption of hostilities, it represents a significant escalation with potentially far-reaching consequences.
The Strait of Hormuz is a vital artery for global energy supplies, with roughly one-fifth of the world’s oil and gas passing through it. Any sustained disruption could tighten supply, drive up global oil prices, and trigger wider economic impacts.
News
Iran-US peace talks take place After Decades of Conflict
After nearly half a century of hostility—including two wars in the past two years—Iran and the United States are now engaged in extended face-to-face talks, signaling a notable shift in relations between the two adversaries.
Negotiations in Islamabad have stretched for hours, with parallel discussions among technical experts also continuing. The sustained engagement reflects a level of seriousness and coordination not often seen between Washington and Tehran in recent years.
The breakthrough appears driven by the seniority and authority of both delegations, alongside a mutual willingness to re-engage diplomatically despite deep-rooted mistrust. Iran, in particular, arrived at the talks emphasizing skepticism toward negotiations, especially after previous diplomatic efforts over the past year were derailed by renewed conflict.
Tehran reportedly insisted on engaging with top-level US leadership, including JD Vance, who is viewed within Donald Trump’s administration as a leading voice against prolonged military interventions.
The current effort draws inevitable comparisons to the Iran nuclear deal, which required 18 months of complex negotiations, marked by repeated setbacks before reaching agreement. By contrast, Trump has often favored faster, more decisive diplomatic outcomes.
While the present talks remain in their early stages, their continuation alone represents a meaningful development. With tensions still high and the risk of further escalation lingering, even incremental diplomatic progress could play a critical role in reducing the likelihood of renewed conflict.
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