This is insane. 🇵🇭 PHILIPPINES just became the FIRST country to declare a National Energy Emergency. The country imports 98% of its oil from the Middle East, making it among the most vulnerable to the Strait of Hormuz closure. Gas prices more than DOUBLED since the war began, the MOST EXPENSIVE in its history. Some petrol stations literally ran out of digits on their digital display boards. Moreover, the government did not impose a price freeze, suggesting prices could still go HIGHER. Its President confirmed the country has roughly 45 days of fuel supply left.(Coin Bureau)