DOE eyes fuel purchase limitsMotorists line up at a gasoline station along Norzagaray Road in San Jose del Monte, Bulacan on March 8, 2026, as some stations display "out of stock" signs for diesel. MANILA, Philippines — The Department of Energy (DOE) is eyeing temporary fuel purchase limits – “when necessary” – to prevent hoarding amid the raging global oil crisis triggered by the US-Israel attacks on Iran. The measure is intended to ensure that fuel remains available and accessible to Filipinos as the country battles an energy emergency, the DOE said. Although the guidelines have not yet been made public, the DOE said the rules would define prohibited acts and set preventive measures such as fuel purchase limits and tighter regulation of container-based transactions. The committee report highlighted the government possession of legal mechanisms to override the free market.
Source: Philippine Star April 01, 2026 16:15 UTC