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Event Brief
Mar 24, 2026 at 5:07 PM ET

Philippines Declares Energy Emergency Amid Oil Shock

By The BriefBrief
Manila allocates 20 billion pesos for a diesel buffer due to rising oil prices.
WHO: Philippines
WHAT: declares national energy emergency
WHEN: Mar 24, 2026 at 8:50 AM ET
WHERE: Philippines
WHY: to address fears of oil supply disruptions
Sources (1): Straits Times

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