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As tensions between Iran and Israel escalate to unprecedented levels, a new front has opened — this time targeting Iran’s economic lifeline: its oil and gas infrastructure. In a dramatic escalation, Israel has launched airstrikes on some of Iran’s most vital energy facilities, triggering fears of a broader regional war and severe global energy disruptions. …
Continue reading “How Israel’s Strikes on Iran’s Energy Sites Could Trigger a Global Crisis”
ISLAMABAD – The federal government has announced a sharp increase in fuel prices, raising the cost of petrol by Rs4.80 per litre and high-speed diesel (HSD) by Rs7.95 per litre, effective from June 16. The move comes amid rising global oil prices and a growing financial squeeze as Pakistan implements IMF-backed reforms. According to an …
Continue reading “Petrol, Diesel Prices Hiked Sharply Across Pakistan from June 16”
The federal government is considering revising petroleum product prices for the fortnight starting December 1, 2024. This move is linked to rising global oil prices, according to Oil Marketing Companies (OMCs). Petrol prices may increase by Rs3.00 per litre, rising from Rs248.38 to Rs251.38 per litre. High-speed diesel (HSD) prices could also climb by Rs2.87 …
Continue reading “Govt Considers Adjusting Petroleum Prices from Dec 1”
The time for the fortnightly revision of petrol prices in Pakistan is fast approaching. A reduction in petroleum product prices is expected starting October 1. This forecast comes as global crude oil prices decline. Sources indicate a potential decrease of Rs 1 per litre in petrol prices. Additionally, they expect a Rs 3 per litre …
Continue reading “Petrol Prices Set for Possible Reduction in Pakistan”
