Oil Buyers Battered by the Iran War Energy Crisis Race to Build Buffers
As rising fuel costs clobber their economies, the Philippines and other developing countries in Asia are pushing to build strategic petroleum reserves to cushion against future shocks. [Source]
Publication Date:Origin: nytimes.com
Category: Oil (Petroleum) and Gasoline
Topics: shocks, future, against, cushion, reserves, petroleum, strategic, build, pushing, countries, developing, Philippines, economies, clobber, costs, rising, Buffers, Build, Crisis, Energy, Battered, Buyers
Source: https://www.nytimes.com/2026/07/21/business/asia-strategic-oil-reserves.html