House OKs bill suspending mandatory biofuel blending

2026-03-16 - 22:24

MANILA, Philippines — The House of Representatives on Monday approved a bill seeking to allow the temporary suspension of mandatory biofuel blending in a bid to ease oil prices amid the volatile market. With 209 affirmative votes against five and zero abstentions, House Bill (HB) No. 8469, or the proposed Oil Price Stabilization Act was