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PAKISTAN PETROL SHORTAGE
Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...- No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...
- July rollout of India, US trade interim pact likely as two move to seal 'vibrant’ 1st phase: Piyush GoyalIndia and the United States are close to finalizing an interim trade agreement. The first phase of this pact is anticipated to be executed ...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Pakistan, ‘strangled’ by economic strain, steps up Iran peace pushPakistan's economy is struggling due to the US-Israel war on Iran. Rising fuel costs and rolling blackouts are devastating businesses. Cons...
- Iran war exposes cost of Asia's fossil fuel relianceThe latest global energy shock highlights the risks of fuel import dependence, with Bangladesh hit hard by soaring LNG costs after supply d...
- Pakistan petrol price hiked by PKR 55 per litre, petrol now selling at 321.17 litre, diesel 335.86. Things may get worse aheadPetrol price in Pakistan skyrocketed today after a steep hike of PKR 55 per litre, pushing petrol and diesel prices to PKR 321.17 and PKR 3...
- Pakistan may run out of petrol, diesel within a month amid Iran war; mulling mandatory WFHPakistan faces a potential petrol and diesel shortage within a month due to trade disruptions following the Strait of Hormuz closure. Stock...
- Israel-Iran conflict disrupts Iranian fuel supply, triggers crisis in Pakistan's BalochistanBalochistan in Pakistan faces a fuel crisis due to the Israel-Iran conflict. Many petrol stations are closed, causing panic. These stations...
- Pakistan is staring at an oil crisis as depots run dry: ReportThe Pakistan government is concerned about a potential oil crisis as some retail outlets of oil marketing companies (OMCs) have been found ...
- Several petrol pumps in Pakistan run dryOn the other hand, the Pakistan Petroleum Dealer Association (PPDA) has held all Oil Marketing Companies (OMCs) responsible for not ensurin...
- Long queues at petrol pumps across PakistanAccording to media reports, a similar situation was experienced in other areas. Petrol was available at only 20 per cent of the pumps in Gu...
- Pakistan hikes petrol, diesel price by PKR 35; Petrol selling at 250 per litre & diesel at 262Ishaq Dar made the announcement in a televised address on Sunday. He said that the price of kerosene oil and light diesel oil were increase...
- Pakistan finance minister warns of default if fuel subsidies not abolishedPakistan will default if the government does not abolish the subsidies on petroleum products, Finance Minister Miftah Ismail has said, warn...
- Gas shortage leads to Pakistan losing 20% of vital textile exportsAbout $250 million of textiles exports were lost last month after mills in Punjab were forced to shut for 15 days.
- Pakistan's economy to perform below earlier estimates; country faces oil shortageThe country’s economy was likely to go into the red this fiscal year and would be unable to recover even next year. It forecast a negative ...
- 5 Pak oil firms fined Rs 17.8 million over petrol crisisPakistan's oil and gas watchdog has imposed a hefty fine of Rs 17.8 mn on 5 oil marketing firms for not maintaining sufficient stocks of pr...
- Pakistan: Tehreek-e-Insaaf party demands PM Nawaz Sharif's resignationTehreek-e-Insaaf Information Secretary Shireen Mazari said the petrol crisis showed that Sharif was unable to run the country.
- Pakistan's petrol crisis to end within a week: MinisterA spurt in demand for petrol after a sharp 20 per cent decrease in prices led to its shortage in Pakistan and the crisis will be resolved w...
- Nawaz Sharif suspends four officials amid petrol crisis in PakistanPetroleum Minister Shahid Khaqan Abbasi, however, kept his job, apparently because of his closeness to Sharif, the report said.
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