Philippine Oil Deal with China Called "Suicide" by Critics

Philippine lawmakers are pushing to restart joint oil and gas exploration deals with China. They cite the global energy crisis and rising prices due to conflict in the Middle East. However, the plan faces severe warnings. A former Philippine Supreme Court justice stated that accepting China's terms would be "suicide" for the nation's interests. Senate President Vicente Sotto III this week supported President Ferdinand Marcos Jr.'s intention to resume talks with Beijing. The move seeks new energy sources for the Philippines. The two countries have a long-standing dispute over sovereignty in the South China Sea. Past exploration talks have failed because of this conflict. Critics argue any deal that compromises Manila's legal claims would be a strategic trap. President Marcos and Chinese leader Xi Jinping agreed in 2023 to find ways to manage the sea dispute. The renewed push for energy cooperation tests this delicate diplomatic effort.