Philippine refiner Petron Corp. has received a shipment of Russian oil, according to its chief executive officer, after the US issued a waiver allowing the purchase of the crude.

MANILA, March 26 (Reuters) - The Philippine energy ministry said on Thursday it is activating a 20 billion peso ($333 million) emergency fund to strengthen fuel security amid continued volatility in oil prices due to the conflict in the Middle East.

The Philippines is working with Washington to secure waivers and exemptions that will allow it to obtain oil from U.S.-sanctioned countries and guarantee

A few weeks ago, I stood on two very different shores — one in the Philippines and one in Ghana — where the ocean sustains entire communities.

From coffee shops in New York to bakeries in Sydney and beauty retailers in London, global demand for the Filipino purple yam known as ube is rocketing. But satisfying the world’s appetite is bringing challenges.

The Philippines suspended its wholesale electricity spot market on Thursday, the latest in a series of emergency measures meant to address energy supply risks and price volatility triggered by the Middle East conflict.

Protests have broken out in the Philippines after the country became the first in the world to declare an energy emergency in the wake of the US-Israeli war with Iran. BBC News Asia Business Correspondent Suranjana Tewari spoke to drivers and students about why they were taking to the streets.