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Punjab warns of action against hoarders as Islamabad seals petrol stations denying fuel
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 petrol stations for denying fuel to motorists, amid global supply constraints due to the Middle East tensions. Global oil markets have been rattled since coordinated strikes by the United States and Israel against Iran began last week, triggering retaliatory attacks across the region, raising fears of disruption of key energy shipping routes and pushing petroleum prices upward.
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arabnews.com
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.
