Philippines Requests U.S. Waiver Extension for Russian Oil Purchases Amid Diversification Efforts
The Philippines has formally requested an extension from the United States to continue purchasing Russian oil and petroleum products. This request follows the expiration of a previous waiver on April 11. Secretary of Energy Sharon Garin expressed optimism about securing the extension but noted that the government is also exploring alternative energy sources from countries such as Colombia, Argentina, Canada, and the U.S. The move is part of a broader strategy to diversify energy sources. Additionally, President Ferdinand Marcos Jr. has suspended excise taxes on kerosene and liquefied petroleum gas, although his economic team has opposed similar measures for diesel and gasoline, citing limited relief from such actions. 
