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Pakistan forms high-level energy committee as Strait of Hormuz closure threatens oil routes
ISLAMABAD: Pakistan on Monday announced it had established a high-level cabinet committee to monitor petroleum markets and ensure uninterrupted domestic fuel supplies, as escalating conflict in the Middle East and disruption around the Strait of Hormuz rattle global energy markets. The Finance Division said the newly constituted ‘Committee to Monitor Petrol Prices in the Wake of the Emerging Situation in the Region’ held its first meeting under Finance Minister Senator Muhammad Aurangzeb, undertaking a comprehensive review of fuel stocks, supply chains and pricing risks.
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arabnews.com
Pakistan says fuel stocks sufficient to last a month as Iran conflict disrupts Hormuz supplies
ISLAMABAD: Pakistan's government and industry officials on Sunday said the country has enough fuel stockpiles to last at least a month, amid regional tensions in the Middle East…
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Pakistan forms high-level energy committee as Strait of Hormuz closure threatens oil routes
ISLAMABAD: Pakistan on Monday announced it had established a high-level cabinet committee to monitor petroleum markets and ensure uninterrupted domestic fuel supplies, as…
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Pakistan warns IMF Middle East oil shock could derail economic recovery
KARACHI: Pakistan’s Finance Minister Muhammad Aurangzeb this week told a visiting International Monetary Fund (IMF) delegation that volatility in global energy markets poses…
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Pakistan lets oil companies regulate supply to curb hoarding amid Gulf tensions
KARACHI: Pakistan’s Oil and Gas Regulatory Authority (OGRA) announced on Wednesday it was allowing oil marketing companies to regulate supply to retail outlets as a temporary move…
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dawn.com
Pakistan to take emergency measures on petroleum pricing ‘to keep markets liquid’
Fuel prices may be revised on a weekly basis; govt to consider mandatory work-from-home wherever possible.