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BOC tightens monitoring of oil imports amid Middle East tensions
The Freeman
|March 07, 2026
The Bureau of Customs (BOC) has ordered all ports nationwide to tighten oversight of oil imports and inventory levels, requiring regular reports as tensions in the Middle East threaten global supply lines.
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In a statement, Customs Commissioner Ariel Nepomuceno directed all district ports to intensify monitoring of oil importations and assess the sufficiency of the country's existing fuel supply.
"This will allow us to provide relevant updates to the administration and help ensure that the country remains prepared for any potential supply disruptions," Nepomuceno said.
Dit verhaal komt uit de March 07, 2026-editie van The Freeman.
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