Local News
Petron's Russian Oil Deal Highlights Supply Chain Vulnerabilities, Bolstering Case for Blockchain-Enabled Resilience
Petron Corporation's recent acquisition of 2.48 million barrels of Russian crude oil, intended to secure supply until June, underscores the Philippines' ongoing reliance on traditional energy markets amidst global instability. This strategic move, while addressing immediate energy security, implicitly highlights the broader need for diversified, transparent, and resilient supply chains—areas where blockchain technology offers transformative potential.
