Leader meetings

Philippines holds oil storage talks with Saudi Arabia, Russia, US

South China Morning Post28 October 2026, 10:12 UTCUnited States of America

The Philippines is in talks with Saudi Arabia, Russia and the United States to store oil in the fuel-import-dependent nation, in a bid to hedge against fuel price spikes driven by the Iran war. The Southeast Asian nation, which imports nearly all ‌its energy needs, also planned to increase diesel and gas-fired power output to make up for an estimated 60 per cent decline in hydropower and 20 per cent fall in solar output in the first half of 2027 due to the El Nino weather phenomenon, Energy...

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Pete Hegseth and Andy Burnham and Wes Streeting in ArlingtonLeader meetingsUnited States of America27 October 2026, 11:28 UTC

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