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The Philippines seeks to import oil from countries sanctioned by the United States.
The ongoing conflict between Israel and Iran continues to trigger global energy supply tensions. The Philippines, which is highly dependent on imports for its energy needs, is seeking to import oil from countries sanctioned by the United States. On the 25th, Reuters reported, citing the Philippine ambassador to the United States, that the Philippines is actively working to obtain a “waiver” from the U.S. government. Philippine Ambassador to the U.S. Jose Manuel Romualdez told Reuters that the Philippines is striving to secure a “waiver” that would allow it to purchase oil from countries under U.S. sanctions. When asked whether importing oil from Venezuela and Iran is part of the discussions, Romualdez responded, “All options are being considered.” (Xinhua)