Categories: Business

Iran war impact: Will Pakistan be forced into rationing fuel if conflict drags on?

Pakistan may resort to fuel rationing at petrol pumps if the US-Iran conflict escalates, finance minister Muhammad Aurangzeb warned. While currently managing demand through price adjustments and targeted subsidies, the government acknowledges this approach’s limits. Disruptions to oil flows via the Strait of Hormuz, crucial for Pakistan’s imports, have already caused significant price hikes and public unrest, forcing policy shifts.

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2 days ago

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