Philippines’ Marcos open to buying Russian fuel, proposes new Myanmar approach

Philippines' Marcos open to buying Russian fuel, proposes new Myanmar approach

MANILA: Philippine Leader Ferdinand Marcos Junior on Wednesday (Oct 5) said his nation may need to consider Russia to satisfy its fuel requirements amid rising worldwide energy prices, bucking pressure from Traditional western allies for nations to shun Moscow.

Speaking to the Manila Overseas Press Club, Marcos, who is also farming minister, said the particular Philippines may also deal with Russia for availability of fertiliser.

“We take we have a very balanced view because the truth of the matter is, we may have to deal with Russia with regard to fuel, for fertiliser, ” said Marcos.

The Philippines like many countries is grappling with soaring inflation, due to supply woes fanned by Russia’s invasion of Ukraine. The particular Philippines, an ALL OF US defence ally, have not imposed any sanctions on Russia.

Marcos, the boy and namesake from the ousted late strongman who ruled the particular Philippines for two decades, also said he or she wanted his nation to play a key part in promoting regional peace, amid challenges presented by North Korea and China-Taiwan stress.

“We hope to be part of leading, those that are leading the effort for peace, ” he said.