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Business June 1, 2026

UMVA Exclusive: Philippines Unleashes Plan to Hoard Oil Supplies Amid Global Chaos

UMVA Exclusive: Philippines Unleashes Plan to Hoard Oil Supplies Amid Global Chaos

UMVA has learned that motorists may soon find relief from soaring fuel costs as a major rollback in pump prices is set to take place, with the government taking proactive steps to build strategic petroleum reserves and shield the country from future oil supply shocks.

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