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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 to prevent hoarding, as tensions in the Middle East surge following the ongoing military conflict involving Iran. The decision follows fears of fuel shortage in Pakistan after the Strait of Hormuz, a strategic waterway between Iran and Oman, was shut after escalating hostilities between Tehran and the US and Israel in the Gulf.
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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…
