Philippines welcomes US-Iran peace deal
The Philippines said it welcomes the “peace deal” between the US and Iran, ending a months-long conflict in the Middle East that has disrupted global trade and raised oil prices.
President Donald Trump holding a cabinet meeting last May 27, 2026. Official handout
Anna Mogato | June 17, 2026
MANILA — The Philippines said it welcomes the “peace deal” between the US and Iran, ending a months-long conflict in the Middle East that has disrupted global trade and raised oil prices.
The peace deal, which is expected to be signed this Friday in Switzerland, was reached thanks to mediation efforts from Pakistan and other regional actors such as Egypt, Qatar, Saudi Arabia and Turkiye.
The Department of Foreign Affairs (DFA) in a statement released on Wednesday commended the role that the mediators played to aid in resolving the conflict. (Also read: Philippines cautiously welcomes two-week truce in the Middle East)
“The conflict has exacted economic and humanitarian toll, resulting in the loss of lives and damage to civilian infrastructure and disruptions to the global economy,” the DFA said.
“We hope that this agreement will finally lead to the permanent cessation of hostilities and contribute to a just and durable peace.”
The Philippines was among the countries heavily hit by the conflict after the closure of the Strait of Hormuz blocked oil shipments, leading to strained energy supply in the country. (Also read: Viable alternative to Middle East oil)
The government had previously asked permission from the State Department and the Treasury Department of the United States to buy oil after President Ferdinand Marcos Jr. in March declared the country under a state of energy emergency.