Pakistan is set to receive three petrol cargoes by Monday, according to Petroleum Minister Ali Pervaiz Malik, as ongoing tensions in the Middle East continue to cast uncertainty over regional fuel supplies. The update was shared during a high-level meeting between Sindh Chief Minister Murad Ali Shah and Finance Minister Muhammad Aurangzeb, where officials reviewed the current fuel situation and assessed potential impacts on the national economy.
Authorities have expressed concern that any further escalation in the conflict could drive global crude oil prices to $120 per barrel, which would substantially increase Pakistan’s monthly oil import costs. In response, the federal and provincial governments are exploring energy conservation measures, closer coordination, and regulatory oversight to prevent hoarding, ensure equitable distribution, and maintain a stable fuel supply throughout the country. The government’s proactive approach aims to mitigate the risk of shortages and stabilize market conditions amid ongoing geopolitical uncertainties.
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