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Oil Buyers Battered by the Iran War Energy Crisis Race to Build Buffers

As rising fuel costs clobber their economies, the Philippines and other developing countries in Asia are pushing to build strategic petroleum reserves to cushion against future shocks.

July 21, 2026 World The New York Times

As rising fuel costs clobber their economies, the Philippines and other developing countries in Asia are pushing to build strategic petroleum reserves to cushion against future shocks.

This story was indexed from the original publisher. Read at The New York Times

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