Philippines says grounding planes is a ‘distinct possibility’ due to Iran war
The Straits Times
Because the Philippines relies heavily on imported crude, it’s more exposed than other nations in SEA to energy shortages. Read more at straitstimes.com.
Follow our live coverage here.
MANILA – The Philippines said grounding planes due to a shortage of jet fuel brought on by the war in Iran is a “distinct possibility,” according to President Ferdinand Marcos Jr.
“Several countries have already told our airlines they cannot fuel their aircraft, so they have to carry fuel there and back,” Mr Marcos said in an interview with Bloomberg News on March 24.
“Long haul is going to be a much more serious problem.”
Asked whether, inevitably, planes may have to be grounded, Mr Marcos said “we’re hoping not, but it’s a distinct possibility.”
Airlines in Asia are mapping out contingency plans as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.













