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Philippines Imports Russian Oil After US Sanctions Waiver

First article: 26 mar. 2026, 05:33 | Last update: 26 mar. 2026, 05:33 | 1 source | 1 article

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Editorial Analysis

Based on 1 source, 1 article

Despite international sanctions imposed on Russia, the Philippines has imported Russian oil, facilitated by a waiver from the United States. This decision underscores the Philippines' need to secure its energy supply amidst global market volatility. The situation reflects the challenges countries face in navigating the complexities of international sanctions while addressing their own economic needs.

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Philippines Receives Russian Oil After US Sanctions Waiver Foto: Bloomberg
Bloomberg 26 mar. 2026, 05:33 (3 hours ago)

Philippines Receives Russian Oil After US Sanctions Waiver

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.

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