Transportation

Philippines Says Grounding Planes a ‘Distinct Possibility’

Ferdinand Marcos Jr.

Photographer: Lisa Marie David/Bloomberg

The Philippines said grounding planes due to a shortage of jet fuel brought on by the war in Iran is a “distinct possibility,” according to President Ferdinand Marcos Jr., as he declared a national energy emergency amid the uncertainty in global energy markets.

“Several countries have already told our airlines they cannot fuel their aircraft, so they have to carry fuel there and back,” Marcos said in an interview with Bloomberg Television on Tuesday. “Long haul is going to be a much more serious problem.”