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Story summary
- President Ferdinand Marcos Jr. of the Philippines declared a national energy emergency due to low supplies, as oil prices rose above $112 per barrel.
- Prime Minister Mostafa Madbouly of Egypt announced a month-long energy-saving initiative, closing businesses early and reducing street lighting.
- Vietnam and Sri Lanka are implementing measures to manage energy shortages amid the conflict's impact on supply chains.
- The ongoing Iran war prompts energy emergencies and higher costs.
