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.

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…

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…

ISLAMABAD: Pakistan’s Punjab province on Saturday warned of action against the ones hoarding petroleum products, while authorities in federal capital of Islamabad sealed seven…

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…

ISLAMABAD: Pakistan’s Sindh government and the federal government discussed energy conservation measures amid a sharp rise in global oil prices on Sunday, the Sindh chief…

ISLAMABAD: Pakistan is set to unveil an austerity plan tomorrow, Monday, as surging global oil prices, driven by United States and Israeli strikes on Iran, mount pressure on Prime…