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Philippines Works with US to Secure Waivers for Oil from Sanctioned Countries

The Philippines declared a national energy emergency to secure diverse oil supplies, including Russian crude and Iranian oil, with a 30-day US sanctions waiver aiding imports.

  • The Philippines is working with the US State Department to obtain waivers or exemptions to purchase oil from US-sanctioned countries.
  • As of March 20, the Philippines had around 45 days of fuel supply and is procuring one million more barrels of oil to build its buffer stock.
  • The Philippines, which relies heavily on imported fuel, declared a state of national energy emergency on Tuesday to deal with the fallout from the Middle East war, including the disruptions to oil procurement.
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Devdiscourse broke the news in India on Wednesday, March 25, 2026.
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