Philippine President Ferdinand Marcos speaks during a press conference at the Malacanang Palace in Manila on March 25, 2026. Marcos earlier declared a state of "national energy emergency" on March 24, citing risks to the domestic fuel supply and energy stability created by the Middle East war. (Photo by Ezra Acayan / POOL / AFP via Getty Images)

Philippine President Ferdinand Marcos speaks during a press conference at the Malacanang Palace in Manila on March 25, 2026. Marcos earlier declared a state of "national energy emergency" on March 24, citing risks to the domestic fuel supply and energy stability created by the Middle East war. (Photo by Ezra Acayan / POOL / AFP via Getty Images)

Philippine President Ferdinand Marcos speaks during a press conference at the Malacanang Palace in Manila on March 25, 2026. Marcos earlier declared a state of "national energy emergency" on March 24, citing risks to the domestic fuel supply and energy stability created by the Middle East war. (Photo by Ezra Acayan / POOL / AFP via Getty Images)

Philippine President Ferdinand Marcos speaks during a press conference at the Malacanang Palace in Manila on March 25, 2026. Marcos earlier declared a state of "national energy emergency" on March 24, citing risks to the domestic fuel supply and energy stability created by the Middle East war. (Photo by Ezra Acayan / POOL / AFP via Getty Images)

Philippine President Ferdinand Marcos speaks during a press conference at the Malacanang Palace in Manila on March 25, 2026. Marcos earlier declared a state of "national energy emergency" on March 24, citing risks to the domestic fuel supply and energy stability created by the Middle East war. (Photo by Ezra Acayan / POOL / AFP via Getty Images)

Philippine President Ferdinand Marcos speaks during a press conference at the Malacanang Palace in Manila on March 25, 2026. Marcos earlier declared a state of "national energy emergency" on March 24, citing risks to the domestic fuel supply and energy stability created by the Middle East war. (Photo by Ezra Acayan / POOL / AFP via Getty Images)

TOPSHOT - The 304-metre long Hyundai Shanghai container ship is loaded at the Port of Melbourne, Australia's largest port for containerised and general cargo, in Melbourne on March 23, 2026. (Photo by William WEST / AFP via Getty Images)

A woman waits on a corner next to closed down businesses in Hong Kong on March 25, 2026. (Photo by Peter PARKS / AFP via Getty Images)