Marcos eyes emergency powers from Congress to cut excise tax on fuel amid Middle East conflict
By ANC 24/7
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Philippine President Marcos Junior seeks congressional authorization to lift a fuel tax and spare consumers from an oil price surge caused by the Middle East crisis, while Philippine energy officials plan to ask oil firms to stagger anticipated price hikes. -ANC, The World Tonight, March 3, 2026 READ MORE: https://www.abs-cbn.com/news/nation/2026/3/3/marcos-mulls-subsidy-free-rides-lower-fuel-tax-as-oil-prices-surge-1146 Subscribe to iWant to watch ANC live and on-demand: https://www.iwanttfc.com For more ANC Interviews, click the link below: https://www.youtube.com/playlist?list=PLm34qRgqWBU4AT2G3LWF27_RErcz0GVd9 For more ANC Highlights videos, click the link below: https://www.youtube.com/playlist?list=PLm34qRgqWBU4cKXctfaRZsLEHahqOc9dQ Subscribe to the ANC YouTube channel! https://www.youtube.com/user/ANCalerts Visit our website at https://news.abs-cbn.com/anc Facebook: https://www.facebook.com/ancalerts Twitter: https://twitter.com/ancalerts #TheWorlddTonight #ANCNewsHighligh
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