Philippine Senator Legarda Introduces Bayanihan 3 Bill to Address 2026 Oil Crisis

Senator Loren Legarda has filed Senate Bill No. 2020, known as Bayanihan 3: Power to the People Act, aimed at providing emergency relief during the 2026 global oil crisis. The bill seeks to establish a comprehensive response framework and institutionalize temporary oil regulation to ensure energy resilience. Next steps include legislative review and debates in the Philippine Senate to pass the bill into law.