Philippines Energy Emergency Demands More Energy Now
When the Strait of Hormuz shut in February, the Philippines discovered just how fragile its energy lifeline really is. A country dependent on the Gulf for 98% o...
The Philippines — which imports 98% of its oil from the Gulf — declared a nationwide energy emergency on March 24 after the U.S.-Iran war shut the Strait of Hormuz. Prime Infra CEO Guillaume Lucci says the fix is "more energy of all sorts," not renewables alone. His message: reliability and affordability can't wait for decarbonization.