ISLAMABAD: Prime Minister Shehbaz Sharif has asked his administration to formulate a strategy for fuel conservation and austerity in government affairs within 48 hours after a sharp rise in global oil prices pushed the country to increase domestic fuel rates, a senior minister said on Saturday.

The directive comes a day after the government raised petrol and diesel prices by Rs55 ($0.20) per liter, citing a surge in international energy prices triggered by escalating conflict in the Middle East after Israel and the United States launched attacks on Iran. The situation has rattled global oil markets and threatened key shipping routes.

Pakistan’s Information Minister Ataullah Tarar said Sharif had instructed officials to urgently prepare a practical plan aimed at reducing fuel consumption and promoting austerity across government institutions.

“The prime minister has given 48 hours to formulate an actionable strategy on savings, austerity and simplicity in government affairs,” he said in a social media post on X.

نائب وزیراعظم و وزیر خزانہ اور وزیر پیٹرولیم نے گزشتہ رات پیٹرولیم کی قیمتوں اور عالمی صورتحال جس کی وجہ سے تیل کی قیمتوں میں دنیا بھر میں اضافہ ہوا ہے، پر پریس کانفرنس کی۔ قیاس آرائیوں اور افواہوں پر دھیان نہ دیں۔ حکومت پاکستان اور متعلقہ وزارتیں وقتاً فوقتاً درست اور تصدیق…