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Philippines Seeks US Waivers for Oil Imports Amid Crisis

3/25/2026

Summary

Story summary

The Philippines works with the United States to secure waivers for oil imports from U.S.-sanctioned countries amid an energy emergency declared March 25.
Ambassador Jose Manuel Romualdez, the Philippine ambassador to the United States, said talks include Venezuelan and Iranian oil options.
The emergency declaration allows the government to purchase fuel to ensure supply, with about 45 days of fuel on hand and plans to procure 1 million more barrels.

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Story summary

The Philippines works with the United States to secure waivers for oil imports from U.S.-sanctioned countries amid an energy emergency declared March 25.
Ambassador Jose Manuel Romualdez, the Philippine ambassador to the United States, said talks include Venezuelan and Iranian oil options.
The emergency declaration allows the government to purchase fuel to ensure supply, with about 45 days of fuel on hand and plans to procure 1 million more barrels.