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Philippines Declares State Of Emergency As Energy Crisis Looms

Philippines Declares State Of Emergency As Energy Crisis Looms As we outlined in our recent analysis on Australia's dangerous vulnerability to disruptions in the Strait of Hormuz, most of Asia is heavily exposed and faces an unprecedented energy crisis should the war in Iran continue to prevent safe passage of oil and natural gas from the Gulf.  As Australia debates the potential for a national emergency, the Philippines has already declared one. This week, Philippine President Ferdinand Marcos Jr. signed Executive Order No. 110, declaring a state of national emergency as...
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Mar 26, 2026 / Tyler Durden
BYD And VinFast Race To Dominate Southeast Asia's EV Market
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Feb 24, 2026 / Dave DeCamp
US Deploys F-22 Fighter Jets to Southern Israel as Massive Military Buildup Continues
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Mar 3, 2026 / Tyler Durden
Trump Announces US To Cover Insurance For All Ships Traveling Through Gulf, Will Provide US Navy Escorts
Trump Announces US To Cover Insurance For All Ships Traveling Through Gulf, Will Provide US Navy Escorts Update (1440ET): Moments ago President Trump announced that the United States will provide insurance for "ALL Maritime Trade" via the US Development Finance Corporation (DFC), and will provide Navy escorts, "if necessary." Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines....
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