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Philippines Requests U.S. Approval for Russian Crude Purchase

4/15/2026

30 5 Full Breakdown

Summary

Story summary

The Philippines seeks U.S. permission to buy Russian crude amid a Strait of Hormuz blockade that disrupted fuel supplies.
Energy Secretary Sharon Garin said shipments at the sole refinery declined, and diesel prices doubled.
The Strait supplies 30% of Philippine crude imports as the country seeks alternatives from Colombia, the United States, Canada, Brunei, and India, with about 50 days of supply remaining.

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Story summary

The Philippines seeks U.S. permission to buy Russian crude amid a Strait of Hormuz blockade that disrupted fuel supplies.
Energy Secretary Sharon Garin said shipments at the sole refinery declined, and diesel prices doubled.
The Strait supplies 30% of Philippine crude imports as the country seeks alternatives from Colombia, the United States, Canada, Brunei, and India, with about 50 days of supply remaining.