Plans for a strategic oil reserve funded by the Maharlika Investment Fund have been set in motion following the economic shock of the US-Iran war, according to a report by Philstar Biz .
The proposed reserve is intended to hold significantly more than the 30 to 60 days of inventory that private oil companies currently maintain. This would bolster the country's energy security in times of geopolitical disruption.
Industry experts note that such a reserve could help stabilize fuel prices and supply during crises. The Maharlika Investment Fund, established as a sovereign wealth fund, will provide the necessary capital for the initiative.