What will it take for the Philippines to achieve an economically secure and energy-secure future?
The 1973 and 1979 global oil crises, triggered by supply disruptions in the Middle East at the time, exposed the Philippines’ heavy dependence on imported fuel and caused widespread economic strain across the country. Decades later, the country finds itself facing a familiar challenge once again.
Like déjà vu, the ongoing conflict between the United States and Iran, which continues to disrupt the global oil market, alongside rising commodity prices and worsening inflation, has once again brought concerns over energy security to center stage. The question remains the same: how can the Philippines secure a stable, affordable, and reliable source of energy?

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