The Deputy Prime Minister, the Finance Minister, and the Petroleum Minister held a press conference to discuss the recent increase in petroleum prices and the global situation affecting oil markets. Officials explained that rising international oil prices have impacted many countries around the world, including Pakistan.
During the briefing, the government urged the public not to believe rumors or unverified information circulating about fuel prices. Authorities emphasized that only official statements from the Government of Pakistan and relevant ministries should be considered reliable. They assured citizens that accurate and verified updates will continue to be shared whenever necessary.
Officials also highlighted that the increase in fuel prices is linked to global market conditions, which are affecting oil supply and pricing internationally. Many countries are currently facing similar challenges as energy markets experience instability.
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The Prime Minister has directed the relevant ministries to prepare a practical strategy within 48 hours focused on savings, austerity, and simplicity in government affairs. The plan aims to reduce unnecessary spending and ensure responsible use of resources during the current economic situation.
In addition, the Prime Minister has instructed the Finance Minister and the Petroleum Minister to hold meetings with the Chief Ministers of all four provinces. The discussions will focus on strict measures against fuel hoarding and ensuring proper implementation of government policies.
The government has announced zero tolerance for anyone involved in exploiting the public, particularly through hoarding or illegal pricing of petroleum products. Authorities warned that licenses of petrol pumps or companies found violating government orders will be canceled, and strict legal action will be taken to protect consumers.
