20% Increase in Fuel Prices in Pakistan Due to the War in the Middle East
The government of Pakistan announced that fuel prices at gas stations will increase by 20%, citing the surge in oil prices in international markets, attributed to the war in the Middle East.
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‘Petrol bomb’ falls on Pakistan amid war
• Prices of petrol and diesel increased by Rs55 per litre • Levy on petrol raised, diesel lowered by Rs20 each • ‘Highest-ever hike’ announced mere hours after govt assured adequate fuel stocks • Move comes as crude prices drift closer to psychological barrier of $100 per barrel on international market • Proposed fuel conservation plan, including ‘work from home’ and online learning, deferred • PM asks provincial govts to crack down on hoarding of petroleum products ISLAMABAD: Pakistan felt t...
By [email protected] (Syed Irfan Raza | Khaleeq Kiani)
Read full article →Fuel prices are soaring - how else will Ireland be affected by the deepening Middle East crisis?
The ‘ripple’ effect of the war is where the country would more closely feel any negative impacts.
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