Petron Corp., the Philippines’ only refiner, has procured 2.48 million barrels of crude oil from Russia to support domestic energy needs with the war in Iran raging. https://www.bloomberg.com/news/articles/2026-03-29/philippine-refiner-petron-buys-russian-crude-eyes-more-if-iran-war-persists?taid=69c93644f7ed800001b23e89&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter