Philippine president says joint oil and gas exploration with China a 'distinct possibility'

President Marcos says there's a "distinct possibility" the Philippines and China could do joint oil and gas exploration as talks make progress.
The push for cooperation is driven by recent energy supply disruptions and price spikes — Manila wants to tap offshore resources to boost security.
Despite South China Sea disputes, Marcos highlights ongoing economic cooperation with China and insists the Philippines hasn't ceded its rights.