{"id":116123,"date":"2026-03-08T20:35:12","date_gmt":"2026-03-08T23:35:12","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/898169756"},"modified":"2026-03-08T20:35:12","modified_gmt":"2026-03-08T23:35:12","slug":"govt-reviews-energy-situation-as-three-petrol-cargoes-expected-to-arrive-tomorrow","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/08\/govt-reviews-energy-situation-as-three-petrol-cargoes-expected-to-arrive-tomorrow\/","title":{"rendered":"Govt reviews energy situation as three petrol cargoes expected to arrive tomorrow"},"content":{"rendered":"
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KARACHI (Dunya News) – A high-level meeting was held in Karachi to review the country\u2019s energy supply situation and the impact of rising global oil prices amid escalating tensions in the Middle East.<\/p>\n

The meeting was attended by CM Murad Ali Shah, Federal Finance Minister Muhammad Aurangzeb and Petroleum Minister Ali Pervaiz Malik.<\/p>\n

The participants reviewed the evolving regional situation and its possible implications for Pakistan\u2019s energy supplies and economy.<\/p>\n

Officials warned that if tensions in the Middle East escalate further, global crude oil prices could surge to around $120 per barrel, placing additional pressure on Pakistan\u2019s economy.<\/p>\n

Addressing the meeting, Petroleum Minister Ali Pervaiz Malik said that three petrol cargoes are expected to arrive in Pakistan by Monday, helping maintain fuel availability in the country.<\/p>\n

Officials briefed the meeting on the rise in global oil prices following the conflict involving the United States, Israel and Iran, which has increased pressure on domestic energy costs.<\/p>\n

The federal government recently raised petrol and diesel prices by Rs55 per litre in response to the surge in international prices.<\/p>\n

PM Shehbaz urges austerity measures amid global fuel crisis<\/span><\/a><\/strong><\/span><\/p>\n

The meeting was informed that emergency fuel conservation measures are being considered to ensure that existing petroleum reserves last longer and remain available for essential sectors.<\/p>\n

Discussions also focused on maintaining uninterrupted energy supplies to sustain economic activity.<\/p>\n

Finance Minister Muhammad Aurangzeb said the federal government is closely monitoring global energy markets and preparing contingency plans to manage the financial impact of rising oil prices.<\/p>\n

He noted that Pakistan\u2019s monthly oil import bill could increase by about $600 million if prices continue to climb.<\/p>\n

Officials said Pakistan has intensified diplomatic engagement with Saudi Arabia, Oman and the United Arab Emirates to secure alternative fuel supplies through routes outside the Strait of Hormuz.<\/p>\n

Chief Minister Murad Ali Shah emphasized that keeping the wheels of the national economy moving remains the government\u2019s top priority.<\/p>\n

The meeting also decided to establish a joint monitoring dashboard with provinces to track fuel reserves and prevent hoarding at petrol pumps.<\/p>\n

Participants agreed to strengthen coordination between federal and provincial authorities to ensure smooth fuel distribution and effectively manage the evolving energy situation across the country.<\/p>\n

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