Philippines says Iran assures safe Hormuz passage of its vessels
The guarantee ensures the safety of Filipino seafarers operating in the area and the nation’s energy sources
[MANILA] Iran assured the “safe, unhindered and expeditious” passage of Philippine vessels through the Strait of Hormuz, the South-east Asian nation said.
The assurance was given by Iranian Foreign Minister Seyed Abbas Araghchi during a Thursday (Apr 2) phone call with Philippine counterpart Ma Theresa Lazaro, the Philippines’ Department of Foreign Affairs said in a statement.
“Given that the Philippines imports the majority of its energy requirements from the Middle East, these assurances from Iran will greatly facilitate the steady delivery of critical oil and fertiliser supplies to the Philippines,” the agency’s statement said.
The guarantee ensures the safety of Filipino seafarers operating in the area and the nation’s “energy sources”, it said.
The South-east Asian nation has been scrambling for oil supplies after Iran tightened its grip over traffic through the vital strait amid conflict in the Middle East. BLOOMBERG
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Fed hike throws Singapore banks a margin lifeline; UOB most likely to feel impact
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Real-estate veteran Desmond Sim quits from CEO roles at Realion, ETC
Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part