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Marcos Asks Iran for Safe Passage for Philippine Oil Shipments
Officials are seeking assurances after fuel prices in the Philippines hit historic highs and the country declared an energy emergency, the government said.
- On Tuesday, March 31, President Ferdinand Marcos ordered Foreign Secretary Theresa Lazaro to open talks with Iran to secure safe passage for Philippine-bound oil through the Strait of Hormuz, Palace Press Officer Claire Castro said.
- Iran restricted parts of the Strait of Hormuz—where about 20 percent of global oil passes—following tensions from the war involving the United States and Israel, driving up fuel prices.
- While Malaysia and Thailand previously secured transit deals with Tehran, the Philippines is playing catch-up, facing surging fuel prices nearing P100-per-liter for gasoline in the country of 116 million.
- During Wednesday's meeting on April 1, Lazaro requested that Iranian Ambassador Yousef Esmaeilzadeh designate the Philippines a 'non-hostile country' to ensure safe passage for vital energy shipments.
- According to the Department of Energy, the Philippines holds about 51 days of fuel supply on average, as Iran maintains the strait is controlled rather than closed for coordinating vessels.
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Energy security versus geopolitics: ASEAN states face tough choices over Iran’s Strait of Hormuz passage
While Iran’s selective approach to allowing access to the Strait of Hormuz could push more countries to the negotiating table, the bigger issue is having to engage on Tehran’s terms rather than on the basis of a purely commercial right of passage, analysts say.
·Singapore
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Coverage Details
Total News Sources19
Leaning Left6Leaning Right4Center3Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 23%
R 31%
Factuality
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