ijra — Live news map of the Middle East, Sudan and Pakistan

Pakistan slashes fuel prices again despite fears of US-Iran war escalating

Pakistan ·

The Oil and Gas Regulatory Authority issued a notification this week cutting petroleum product prices, with petrol reduced by Rs6.59. The cut came as Washington said it had carried out fresh limited strikes on Iran early Saturday, raising fears of renewed tensions.

Pakistan imports much of its crude oil and fuel, so global oil prices and tensions in the Gulf directly affect its domestic fuel costs.

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