Pump Owners Seek Rs. 82.5 Billion Relief Amid War-Driven Fuel Crisis
Pakistan’s fuel retail sector is facing mounting financial strain as petrol pump owners and oil marketing companies (OMCs) push for…
Tag: Energy Crisis
Petrol and Diesel Prices Rise Sharply as Government Raises Taxes Under IMF Programme
Fuel prices in Pakistan have surged once again after the government increased petrol and diesel rates by Rs. 26.77 per…
Islamabad Revises Market Timings as Energy Conservation Measures Expand
The administration in Islamabad has issued a revised notification introducing stricter closing hours for businesses as part of ongoing energy…
Brent Surges Past $115 as Middle East Conflict Deepens and Supply Risks Intensify
Global oil markets are on edge as Brent Crude surged above $115 per barrel, driven by escalating tensions in the…
Pakistan and South Asia Brace for Energy Crisis After Iran Strikes Qatar LNG Hub
South Asian countries, including Pakistan and India, are facing the threat of a severe gas and power crisis following air…
Middle East Conflict Could Push Pakistan’s Inflation to 17% and Widen Trade Deficit: PIDE Report
Escalating tensions in the Middle East could trigger serious economic challenges for Pakistan, particularly if the conflict disrupts global oil…
Govt Tightens Monitoring of Fuel Stocks to Avoid Supply Disruptions Amid Regional Tensions
The federal government has stepped up oversight of petroleum reserves to ensure uninterrupted fuel availability across Pakistan, as regional developments…
Pakistan’s Gas Sector Debt Hits Rs. 3.28 Trillion, Lawmakers Warn of Potential Collapse
Pakistan’s gas sector circular debt has surged to an alarming Rs. 3.283 trillion, prompting urgent warnings from lawmakers about the…