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PAKISTAN FUEL SUBSIDY
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
Petrol, diesel prices hiked: What are the fuel rates in Pakistan, Nepal & Bangladesh? Check latest price comparisionPetrol, diesel prices in India vs neighbour countries: After petrol and diesel prices were increased by Rs 3 per litre in India, fuel costs...
Global Markets | Resilience Tested: Asian economies balance buffers against rising oil shockAsian economies are scrambling to manage an energy shock caused by the Iran war, with soaring oil prices and supply disruptions hitting the...
‘We are not like India...’: Pakistan minister admits on live TV country has no strategic oil reserves, says stock only for five to seven daysPakistan's energy vulnerability is highlighted as Petroleum Minister Musadik Malik revealed that Islamabad possesses only a few days of cru...
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 ...
Global Market: Emerging markets face mounting economic pressure amid Iran war disruptionsThe Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
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...
Iran war leaves crisis-scarred countries counting the costIran war: Sri Lanka, Egypt, and Pakistan are struggling with rising energy costs. The Iran war has worsened their economic situations. Thes...
Pakistan cuts petrol prices by 80 rupees per litre amid Israel-Iran warPakistan will reduce petrol prices by 80 rupees per liter to 378 rupees. This cut comes from the government's petroleum levy. The decision ...
Pakistan faces fuel shock as up to 54% fuel price hike leaves wallets running on emptyPakistanis are currently facing an unprecedented spike in fuel prices, with petrol and diesel rates soaring due to escalating global oil co...
'Mediator' Pakistan feels the heat as petrol price breaches PKR 450, diesel goes over 500 due to Middle East warPakistan petrol, diesel prices: The petrol price in cash-strapped Pakistan has increased to PKR 458.40 rupees per litre and diesel has brea...
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...
Pakistani stocks jump over 2% as government ends fuel price freezeFuel prices rose 20% on Friday, causing long lines to form at filling stations as the news spread. The new price of petrol will be 179.86 r...
Pakistan hikes prices of petroleum products by Rs 30 per litreAfter the increase, the price of petrol will be at Rs 179.85, diesel at Rs 174.15, kerosene at Rs 155.95 and light diesel at Rs 148.41.
Pakistan to cut massive fuel, electricity subsidiesInformed sources said the talks opened on a healthy note as the two sides appeared converging to key principles -- separating the state's e...
Shehbaz Sharif faced with Khan-era fuel-power subsidy, inflation and polarised PakistanThe yardstick by which the people would judge the new government would be how it manages inflation, whether there are increases in fuel pri...
IMF to discuss subsidies on petroleum products, electricity and gas on arrival in PakistanApart from examining the federal government's plan regarding subsidies on petroleum products, electricity and gas, the IMF delegation will ...
World Bank reduces Pakistan's GDP growth forecast to 4.3%Launching its latest 'South Asia Economic Focus Reshaping Norms: A New Way Forward' on Wednesday, the World Bank's Chief Economist for Sout...
- Inflation crisis undermines Asian governments
Spiralling prices for food and fuel have claimed their first political casualties in Malaysia and Pakistan, and threaten other Asian govern...