MANILA, Philippines — President Ferdinand Marcos Jr. on Tuesday assured Filipinos that the nation has sufficient oil provides amid the continued battle within the Center East.
In a press convention at Malacañang, Marcos mentioned the Philippines has sufficient shares of gasoline, diesel, jet gas, and kerosene to final over a month.
He mentioned the federal government would additionally present focused gas subsidies to affected sectors, comparable to agriculture and transport, if oil costs attain $80 per barrel.
”We’ve enough provide of oil. We’ve a stockpile of 50-60 days by way of gasoline, gas oil, kerosene,” Marcos mentioned.