MANILA, Philippines — President Ferdinand Marcos Jr. on Monday highlighted during his fifth State of the Nation Address (Sona) his administration’s efforts to cushion the impact of soaring global oil prices triggered by the conflict in the Middle East. Among the measures cited by Marcos during the annual address were the successful purchase and importation of oil from various countries, including Japan, South Korea, Oman, India, Russia, and China. READ: SONA 2026 live updates: Marcos’ State of the Nation Address “We have done everything possible to lower prices and slow their increase,” he said. Marcos also noted the cooperation of […]...Keep on reading: Marcos cites fuel price measures amid Middle East conflict