Pakistan's PM directs passing oil price benefits to people and discusses reviewing the energy security framework.
2 reports, 2 independent
Updated Jun 18
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What happened
Pakistan's PM directs passing oil price benefits to people and discusses reviewing the energy security framework.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.PM directs passing oil price benefits and reviewing energy security framework.1 source
PM directs authorities to transfer oil price benefits to the people.1 source
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The entities involved
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Shehbaz Sharif
Prime Minister of Pakistan (2022–2023; 2024–present)
- Talks are underway focusing on Iran's nuclear program and sanctions, involving the US, Israel, and Iran, with Pakistan's PM mediating the negotiations.
- A committee is questioning the Federal Board of Revenue regarding serious tax evasion and smuggling issues, including an absconding customs official.
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Pakistan
sovereign state in South Asia
Related events
- Global oil prices are affecting domestic fuel pricing in Pakistan, and Iran's oil and gas sales could benefit the country.
- The Prime Minister of Pakistan, Shehbaz Sharif, has directed the government to manage fuel pricing amidst global oil price fluctuations.
- Renewed hostilities in the Middle East are threatening oil supply lines, leading to global price hikes and prompting the Pakistani government to review its subsidy scheme.
- Minister Musadik Malik discussed a government fuel relief scheme amid global price hikes caused by the Iran-US conflict.
- High petroleum prices are negatively impacting Pakistan's export competitiveness, prompting business groups to demand a review of fuel pricing.