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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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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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Pakistan PM orders action against fuel hoarding amid Iran conflict supply fears
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Pakistan raises fuel prices by Rs55 per liter as Middle East conflict drives oil surge
ISLAMABAD: Pakistan on Friday increased petrol and diesel prices by Rs55 ($0.20) per liter each as escalating conflict in the Middle East sent global oil prices sharply higher and…
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Pakistan sends vessels to Saudi, UAE ports to secure crude supplies amid regional crisis
ISLAMABAD: Pakistan has sent vessels to ports in Saudi Arabia and the United Arab Emirates to secure crude oil supplies, the Pakistani petroleum minister said late Friday, as…
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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…
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Pakistan PM gives 48 hours to draft fuel-saving plan as global oil prices surge
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…
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Pakistan mulls energy conservation measures as oil prices rise, Middle East conflict intensifies
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Pakistan says three oil shipments to reach country today amid Middle East crisis
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Pakistan says petroleum stocks at ‘comfortable levels’ despite Middle East crisis
KARACHI: Pakistan has “comfortable levels” of petroleum stocks and the supply chains are functioning smoothly, the finance ministry said on Monday, amid an ongoing Middle East…
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Pakistan announces four-day work week among austerity measures to offset impact of Middle East crisis
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday announced austerity measures, including a four-day work week and cuts in government expenditures, to offset the impact of rising…
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Pakistan Navy launches ‘Operation Muhafiz-ul-Bahr’ to safeguard energy shipments
ISLAMABAD: Pakistan Navy (PN) has launched ‘Operation Muhafiz-ul-Bahr’ to safeguard national energy shipments, the Pakistani military said on Monday, amid disruptions to critical…
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Islamabad launches real-time fuel monitoring system as Iran war rattles oil markets
ISLAMABAD: Authorities in Pakistan’s capital have launched a digital system to monitor petroleum stocks at fuel stations in real time, an official statement said on Tuesday, as…