Sharif tells provinces to act against hoarders and launches real-time fuel monitoring as Hormuz remains blocked by Iran war

ISLAMABAD: Prime Minister Shehbaz Sharif has ordered provincial governments to take immediate legal action against anyone hoarding petroleum products and to shut down any petrol pumps found deliberately creating artificial shortages, as anxiety grows over potential supply disruptions from the escalating the United States-Israel war against Iran.

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Pakistan moves toward pandemic-era conservation measures amid fears of oil supply crisis from Iran war

ISLAMABAD: The government has decided in principle to begin revising petroleum prices on a weekly basis from 8 March and to activate sweeping fuel conservation measures, including widespread work-from-home arrangements and distance learning, as the war in the Middle East raises the prospect of serious oil supply disruptions.

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SBP poised to stand pat on rates at 10.5 percent as Middle East tensions, oil shock cloud outlook

KARACHI: The State Bank of Pakistan is poised to keep its key policy rate unchanged at 10.5% when it concludes its second monetary-policy review of 2026 on Monday, a Reuters poll of analysts showed, with rising global energy costs and fresh risks from the Middle East constraining any further cuts.

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Pakistan debunks viral fake notice on port suspensions as Iran conflict shuts Hormuz oil route

ISLAMABAD: Pakistan on Thursday dismissed as fabricated a notice circulating on social media that claimed authorities had ordered the temporary suspension of all port entries nationwide until March 10, a move that would have compounded supply-chain risks already heightened by the shutdown of the Strait of Hormuz.

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Pakistan condemns Canada-India uranium deal as fresh blow to global non-proliferation regime

ISLAMABAD: Pakistan has expressed grave concern over a long-term uranium supply agreement concluded between Canada and India, describing the arrangement as yet another selective carve-out that weakens the international nuclear non-proliferation framework and threatens the strategic balance in South Asia.

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Pakistan moves to police petrol stations to deter hoarding as Middle East war threatens supply

ISLAMABAD: Authorities have instructed provincial governments to conduct physical inspections of retail petrol stations nationwide to stamp out hoarding of petroleum products and prevent profiteering, as fears grow over potential supply disruptions from the escalating conflict in the Middle East.

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