Global tensions stemming from the US-Iran conflict, coupled with the closure of the Strait of Hormuz—the most critical maritime route for meeting the world's oil requirements—have had a significant impact globally....
Due to the continuous rise in crude oil prices, the government is considering hiking the rates of petrol, diesel, and LPG cooking gas cylinders....
Now a big change is going to happen in the country regarding ethanol based fuel. The central government has proposed rules that could pave the way for the use of high-ethanol-blended fuel in vehicles....
The energy crisis in Pakistan seems to be deepening once again. According to official sources, the country's crude oil reserves have declined rapidly to worrying levels and they can meet the needs of only a few days. ...
Rising tensions between the US and Iran are now pushing up oil prices and hitting consumers, with officials warning the situation is unlikely to ease soon....
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