Fuel Crisis Grips Philippines: 365 Gas Stations Forced to Close
A report from Al Jazeera and the Philippine National Police (PNP) on Monday, March 30, 2026, confirmed that while the number of closures has slightly decreased from a peak of 425 last week, the situation remains critical as international supply chains continue to buckle under the weight of the Middle East conflict.
The "Hormuz Shock" and Local Impact The crisis is a direct consequence of the ongoing war involving Iran, Israel, and the United States, which has effectively closed the Strait of Hormuz. This maritime chokepoint handles approximately 20% of the world's oil and LNG; however, for the Philippines, which imports nearly 98% of its fuel from the Middle East, the impact has been existential.
Price Surge: Since the conflict escalated on February 28, 2026, fuel prices in the Philippines have more than doubled. Diesel has reportedly exceeded ₱130 ($2.64) per liter, while gasoline has surpassed ₱100 ($2.03) per liter.
National Emergency: President Bongbong Marcos recently signed Executive Order No. 110, declaring a state of national energy emergency to manage dwindling reserves, which have dropped from a 57-day supply to approximately 45 days.
Global Market Turmoil The domestic shortage mirrors a broader global panic. On Monday, Brent crude surged by over 3%, reaching $116.10 per barrel, while analysts at financial institutions warn that a move toward $120 is imminent if U.S. ground operations in Iran commence. The PNP has also noted a rise in "hoarding and profiteering" cases, with seven incidents reported in regions like Bicol and Central Luzon as individuals attempt to capitalize on the scarcity.
Transport and Logistics Paralysis The shortage has paralyzed the Philippine transport sector. Major carriers like Philippine Airlines and Cebu Pacific have suspended several domestic and international routes to conserve fuel. On the ground, the lack of affordable diesel has forced many jeepney and bus drivers to stop plying their routes, leading to "empty streets" in Manila reminiscent of the COVID-19 lockdowns. The government has begun distributing an $85 fuel subsidy to public transport workers, but many argue it is insufficient against the backdrop of triple-digit inflation in energy costs.
