The Philippines oil supply is currently enough for about two months, according to the Bureau of Customs, as authorities monitor possible disruptions linked to tensions in the Middle East.

The Philippines currently has an estimated two-month supply of petroleum products, according to the Bureau of Customs, as concerns continue to grow over potential disruptions linked to ongoing tensions in the Middle East. The statement from the agency aims to reassure the public that the country maintains sufficient fuel reserves while closely monitoring developments that could affect global oil supply and prices.

Ariel Nepomuceno said the country’s available supply, based on data from the Department of Energy, is currently enough to sustain domestic demand for nearly two months. The official made the remark during an interview with Super Radyo dzBB on Sunday.

According to Nepomuceno, the government continues to coordinate with energy authorities to monitor the country’s fuel inventory and ensure that supply remains stable despite uncertainties in the international oil market.

“Our supply from the Department of Energy is almost good for two months,” Nepomuceno said, noting that the estimate reflects the current availability of petroleum products across the country.

The official’s statement comes as global markets watch developments in the Middle East, a region that plays a critical role in the global oil supply chain. Conflicts or disruptions in the region often trigger volatility in oil prices and raise concerns about supply shortages in countries that rely heavily on imported fuel.

The Philippines imports the majority of its petroleum requirements, making it sensitive to fluctuations in global oil prices and supply conditions. Any prolonged disruption in major oil-producing regions could potentially impact domestic fuel costs, transportation expenses, and the broader economy.

Despite these concerns, Nepomuceno said government agencies remain vigilant and are working to ensure the continuous flow of petroleum products into the country. He emphasized that authorities are closely coordinating with relevant stakeholders, including fuel importers and energy regulators, to maintain adequate reserves.

The Department of Energy regularly tracks national fuel inventory levels and works with oil companies to ensure compliance with minimum stockholding requirements. These measures are designed to help cushion the country against sudden disruptions in supply.

Energy officials have previously explained that maintaining adequate oil inventories is an important strategy for ensuring energy security, particularly for countries that depend largely on imports. Having sufficient stock allows governments and industries to continue operations even if global supply chains temporarily face challenges.

Meanwhile, authorities continue to monitor global developments that could influence the oil market. Analysts say geopolitical tensions in oil-producing regions can quickly affect international prices, which in turn may influence local pump prices.

While the Philippines currently has enough petroleum supply to meet near-term demand, officials said they will continue evaluating the situation and taking necessary steps to maintain energy stability.

Government agencies also encourage the public to remain informed through official updates as the situation evolves, particularly as global energy markets respond to geopolitical developments.

For now, the assurance from the Bureau of Customs and the Department of Energy highlights that the country maintains a buffer in its petroleum supply while authorities keep a close watch on international events that may affect the energy sector.