A view of Hin Leong’s Pu Tuo San VLCC supertanker in the waters off Jurong Island in Singapore, July 11, 2019. — ReutersProlonged Strait of Hormuz disruption could remove 8-10m bpd from supply.Rising energy prices may fuel inflation, hurt global economic growth.Major shipping…
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Federal Minister for Power Ali Pervaiz Malik speaks during a press conference. — State media/File
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People wait for their turn to get fuel at a petrol station, amid the US and Israeli conflict in Iran, in Karachi, March 6, 2026. — Reuters Govt has spent Rs129bn on fuel subsidy.Fuel levy imposed as part of IMF conditions.Source says PM wants less burden on people.<p…
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