Philippine President Ferdinand Marcos Jr. said his government may need to pass a supplemental budget to help the public cope with the oil crisis, as he urged senators to end their two-day impasse and return to legislative work. The president cited discussions within a committee formed to address the economic impact of the Iran war.

Marcos did not provide details on the potential budget size or funding mechanisms. His comments come as the Southeast Asian nation grapples with its worst economic crisis since the pandemic, with inflation surging due to the energy crunch. The country's heavy dependence on imported oil has left it vulnerable to global price shocks.

The political crisis deepened last month when allies of Vice President Sara Duterte, Marcos' top critic, seized control of the Senate majority. Lawmakers have been locked in a bitter feud over leadership positions, parliamentary rules, and arrest orders for colleagues.

Marcos called the Senate situation 'discredited' and said the political dysfunction directly undermines efforts to provide economic stability for citizens. The president's push for immediate legislative action signals growing concern that political gridlock could worsen the economic fallout from rising energy costs.