ISLAMABAD: Prime Minister Shehbaz Sharif on Friday ordered authorities to take strict action against fuel hoarders and shut down petrol pumps involved in any attempt to create artificial shortages, as anxiety grows over potential supply disruptions from the widening conflict involving Iran.
Sharif issued the directive during a high-level meeting on petroleum supplies, where officials briefed him that Pakistan currently holds sufficient fuel reserves to meet domestic demand despite the volatile regional situation.
The move comes as Pakistan steps up contingency measures following fears of supply disruptions linked to the escalating conflict involving Iran, the United States and Israel.
The concerns stem partly from disruptions in tanker traffic after the Strait of Hormuz — a key global oil chokepoint between Iran and Oman through which much of Pakistan’s imported crude typically transits — was shut following rising hostilities in the Gulf.
“The prime minister directed provincial governments to take strict legal action against hoarders of petroleum products,” Sharif’s office said in a statement after the meeting.
