Marcos: PH to take advantage of 2-week ceasefire but fuel relief uncertainSmoke billows from the site of an Israeli air strike in the southern suburbs of the Lebanese capital Beirut on March 9, 2026. MANILA, Philippines — The Philippines will take advantage of the two-week ceasefire between the US, Israel and Iran, President Ferdinand Marcos Jr. said on Wednesday, April 8. However, Marcos tempered expectations, saying that two weeks may not be enough to fully return fuel prices to normal. We are all hoping and praying that the two-week ceasefire will extend further if the talks go well,” Marcos said in a video statement. Apart from the two-week ceasefire, Marcos said that the country will also take advantage of its agreement with Iran that allowed Philippine-flagged vessels through the Strait of Hormuz.

Source: Philippine Star April 08, 2026 14:49 UTC