Manila negotiates US sanctions waivers for oil supplies
Manila is seeking US waivers to buy oil from sanctioned nations amid an energy emergency. President Marcos said the government is securing new fuel sources.
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The Philippines is currently coordinating with the United States to secure regulatory waivers that would permit the purchase of oil from sanctioned nations. This diplomatic effort aims to secure energy supplies and mitigate the impact of global market volatility on the domestic economy. Among the options being explored are potential imports from Venezuela and Iran.
