this post was submitted on 25 Mar 2026
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[–] Lemmygradwontallowme@hexbear.net 5 points 13 hours ago* (last edited 13 hours ago) (2 children)

The Philippines imports 98% of its oil from the Gulf, and the price of diesel and petrol has more than doubled in the country since the war broke out on 28 February.

98% bumbaclaat of the oil?

I'm surprised this article bothered to give voice to a general labor union center of the national democratic movement, Kilusang Mayo Uno

One of the country's main labour coalitions, the Kilusang Mayo Uno (KMU) strongly criticised the emergency declaration, calling it an "admission" that the government failed to address the oil crisis.

It also accused the administration of downplaying the situation earlier, saying previous claims that "everything is normal" were misleading.

The KMU also raised concerns about what it describes as "anti-worker provisions" in the executive order - particularly clauses that could restrict activities seen as disrupting economic activity, including strikes.

They warn this could effectively limit workers' ability to protest at a time when fuel prices are already hitting incomes.

But tycoon Manuel V. Pangilinan, who chairs major utilities companies, has backed the emergency powers.

Earlier on Tuesday, Energy Secretary Sharon Garin said the country had about 45 days of fuel supply left.

Garin told reporters the country would "temporarily" depend more heavily on coal-fired power plants to meet its energy needs in response to the surging costs of liquefied natural gas (LNG).

Well, this doesn't bode well... but as long as the Epstein regime, along with reactionary partners Israel and Saudi Arabia, and etc. must insist on its grip on Iran, welp. Marg bar Amrikkka, marg bar Isntrael, marg bar Saudi, etc.

[–] allende2001@lemmygrad.ml 2 points 4 hours ago

Marg bar Amrikkka, marg bar Isntrael, marg bar Saudi, etc.

Marg bar TSMC as well

[–] yogthos@lemmygrad.ml 2 points 4 hours ago (1 children)

I find it's interesting that so far the crisis is mostly hitting US vassals. It's occupied Korea, Japan, Philippines, and Europe that are most affected by this.

[–] SouffleHuman@lemmy.ml 3 points 2 hours ago* (last edited 2 hours ago) (1 children)

Likely Iran’s intention. I have no doubt they have deeply analysed the broader impact of closing the Strait of Hormuz for decades, and more crucially know which countries are most vulnerable. It also helps that they can control who gets to go through and who doesn’t.

[–] yogthos@lemmygrad.ml 1 points 2 hours ago

Yup, they're allowing ships from friendly countries and demanding payments are done in Yuan. So it is a direct attack on western economies.