Manila: The Department of Agriculture (DA) is exploring ways to mitigate the potential impact of oil shocks on the country's food systems amid escalating tensions in the Middle East. In a statement, DA Secretary Francisco Tiu Laurel Jr. warned that prolonged tension could quickly affect the country's agriculture sector through adjustments on fuel and fertilizer prices, as well as freight costs.

According to Philippines News Agency, the DA assured it is closely monitoring the development in the Gulf region, particularly in the Strait of Hormuz where a significant portion of the world's oil supply passes. It noted that any disruption along this corridor has historically triggered spikes in global crude prices, tightening energy markets, and amplifying volatility across commodity supply chains.

'We are concerned about the intensifying conflict between the US and Iran as it might increase oil prices over an extended period, affecting petroleum-based fertilizers, freight costs, and the fuel that powers the machinery our farmers use and the boats our fishermen rely on,' Tiu Laurel said. The DA chief said even distant conflicts can reshape domestic food costs while testing the stability of the local food supply chain.

'We have to balance fiscal prudence with the welfare of our food producers and consumers,' Tiu Laurel said.