Manila: President Ferdinand R. Marcos Jr. and his Japanese counterpart Prime Minister Takaichi Sanae have agreed to collaborate closely to support the 'early de-escalation' in the Strait of Hormuz. The Iranian blockade in this crucial waterway has been causing an energy crisis across various regions. The leaders reached this agreement during a summit telephone meeting held on the evening of March 24.

According to Philippines News Agency, the Japan Ministry of Foreign Affairs highlighted the importance of coordination and cooperation with the international community to ensure the early de-escalation of the situation. The focus is particularly on "securing safe navigation in the Strait of Hormuz." President Marcos explained the Philippines' position and efforts, and both leaders agreed to work closely towards the early de-escalation.

At the Kapihan sa Manila Hotel on Wednesday, Foreign Affairs Secretary Ma. Theresa Lazaro mentioned that President Marcos candidly discussed the situation of approximately 2.5 million Filipinos residing in the Middle East. He emphasized that their safety is a top priority for the government. Beyond the situation in the Middle East, Lazaro noted that the two leaders also explored the possibility of expanding trilateral cooperation between Japan, the Philippines, and the United States. "It was a very cordial exchange of views," she remarked.

In response to potential disruptions in fuel supply, President Marcos declared a state of national emergency on Tuesday to stabilize the country's energy sector. In Executive Order (EO) 110, signed on March 24, he cited escalating tensions in the Middle East as a key factor threatening global oil production and transportation. This situation could significantly impact the Philippines, which is a net importer of petroleum products. EO 110 indicates that disruptions in critical supply routes, including the Strait of Hormuz, may constrain global fuel supply and trigger price volatility, posing risks to the country's energy security.