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Philippine president Bongbong Marcos signs into law a measure allowing the suspension or reduction of excises

2026 Philippine energy crisis — Philippine president Bongbong Marcos signs into law a measure allowing the suspension or reduction of excises on petroleum products when global oil prices reach a specified thresho

Published March 25, 2026· Updated October 28, 2026·1 min read

Context: 2026 Philippine energy crisis.

Philippine president Bongbong Marcos signs into law a measure allowing the suspension or reduction of excises on petroleum products when global oil prices reach a specified threshold, subject to time limits and reporting requirements. [https://newsinfo.inquirer.net/2201258/marcos-signs-bill-suspending-fuel-excise-tax ( Philippine Daily Inquirer )]

Event summary via Wikipedia Current Events (2026-03-25).