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Philippines begins talks with Saudi Arabia on strategic oil storage

The Philippines has started discussions with Saudi Arabia about developing a strategic oil storage project.

By DoomRadar · Published on DoomRadar .

Why it matters

Strategic reserves could improve the Philippines' resilience to supply disruptions, but the talks also highlight its exposure to energy shocks.

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  1. Arab News | Philippines begins talks with Saudi Arabia on strategic oil storage project ↗arabnews.com · Recorded source date: Sep 10, 2026, 12:02 PM UTC

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