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  "path": "/newsbreak/explainers/how-suspending-fuel-excise-tax-cushion-big-oil-price-hike/",
  "publishedAt": "2026-03-09T09:09:43.000Z",
  "site": "https://www.rappler.com",
  "tags": [
    "Explainers",
    "National News",
    "Newsbreak",
    "Philippine News",
    "Department of Economy, Planning, and Development",
    "Department of Energy",
    "Department of Finance",
    "Department of Trade and Industry",
    "energy industry",
    "global trade",
    "House of Representatives",
    "Iran-Israel conflict",
    "Marcos Jr. administration",
    "oil industry",
    "power and water",
    "Romero Quimbo",
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  "textContent": "President Marcos plans to ask Congress to grant him temporary powers to suspend the fuel excise tax as the Philippines braces for the 'highest jump' in oil prices in history",
  "title": "How will suspending fuel excise taxes cushion a big oil price hike?"
}