Pakistan faces severe fuel price hikes amid Middle East conflict
Pakistan is grappling with a significant petrol crisis, with fuel prices rising by up to 54 percent, driven by the ongoing Middle East war. Citizens and businesses are facing real challenges, prompting discussions on potential solutions like electrification.
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Pakistanis face unprecedented fuel price rise of up to 54% as global oil price spikes - AP News
Pakistanis face unprecedented fuel price rise of up to 54% as global oil price spikes AP News
Read full article →How war on Iran turned Pakistan’s LNG surplus into a looming shortage
Pakistan braces for gas shortage crisis as LNG supplies collapse amid escalating regional conflict.
Read full article →Pakistanis face up to 54% rise in fuel prices
Pakistanis faced record fuel price increases on Friday, as petrol and diesel prices rose by up to 54 per cent driven by the war in the Middle East that has caused global oil prices to surge. The increase adds pressure to a cash-strapped nation already grappling with high inflation, as economists warned the hike would push up food prices and living costs. Pakistan’s Petroleum Minister Pervez Malik said late on Thursday that the increase was “unavoidable”. He said the government was forced to...
By Associated Press
Read full article →The petrol crisis that could electrify Pakistan
The impact of the ongoing US-Iran war on ordinary Pakistani households and business is already being felt. With petrol at Rs458 per litre and diesel at over Rs520, citizens are going to be facing real challenges once more. For a country that only recently suffered inflation rates that peaked at 40 per cent, this conflict could not have come at a worse time. But the crisis can also be an opportunity for Pakistan, and given the bottom-up solar revolution the country has experienced over the las...
By none@none.com (Uzair M. Younus)
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