Pakistan: Prime Minister Shehbaz Sharif announces significant cut in fuel prices

PM Shehbaz announces reduction in petrol prices by Rs74, diesel by Rs67

Pakistan PM Shehbaz Sharif cuts petrol prices by Rs74 per liter and diesel by Rs67 following international oil price declines and Middle East regional stability post US-Iran peace deal. Lower energy costs reduce inflation pressure on regional IT infrastructure budgets and enterprise spending in South Asia, easing operational expense forecasts for tech companies.