PALACE ASSURES NO ENERGY LOCKDOWN AMID GLOBAL OIL PRICE SURGE

Malacañang on Friday assured the public that the government will not allow the current surge in fuel prices to escalate into an energy lockdown, even as tensions continue to rise in the Middle East.

The statement was made by Communications Undersecretary and Palace Press Officer Claire Castro following Iran’s continued refusal to enter negotiations after attacks involving Israel and the United States.

Castro said the administration remains hopeful for a peaceful resolution to the conflict, emphasizing that easing geopolitical tensions would help stabilize global oil prices. She added that the government is actively working to secure alternative sources of oil supply to prevent a worst-case scenario.

“Sa ngayon, ito talaga ang pinaghahandaan ng Pangulo, pinaghahandaan ng administrasyon. Kaya ayaw nating mapunta sa worst-case scenario,” Castro said.

She also recalled the energy crisis in the 1970s, when an energy lockdown led to fuel rationing and restrictions on vehicle use due to limited oil supply.

To avoid a repeat of such conditions, Castro said authorities are exploring supply options from countries such as India, Argentina, and Canada—nations less dependent on Middle Eastern oil.

Malacañang emphasized that ensuring energy stability remains a top priority, as the administration continues to shield the public from the effects of global market disruptions.

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