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“Let’s refrain from fear-mongering.”
Malacañang issued this reminder as the public feels the impact of the ongoing tension in the Middle East, particularly the oil price shocks.
At a press briefing in Cebu, Palace Press Officer Undersecretary Atty. Claire Castro was asked about the call of House Deputy Speaker Raymond Democrito Mendoza for President Ferdinand ”Bongbong” Marcos Jr. to declare a state of national emergency so that the government can temporarily take over the oil industry to regulate fuel prices.
Castro said…