Mosaic News

Buy Me A Coffee
News without borders
Friday, 29 May 2026
Mosaic News is free to read — but not free to run. Your (monthly) donation keeps it going. →
Pakistan·Energy·Trade & Economy

Pakistan says fuel reserves sufficient until third week of June amid global supply crunch

Monday, 4 May 2026, 19:43 · 1 min read

Pakistan's petroleum ministry has confirmed that the country holds enough petroleum, oil, and lubricant (POL) stocks to sustain uninterrupted fuel availability until the third week of June 2026, taking into account incoming shipments. The assurance was delivered to Deputy Prime Minister Ishaq Dar at a high-level review meeting, where officials noted that daily monitoring by the National Coordination and Management Committee is in place to manage the supply chain proactively. The update comes as global fuel prices have surged sharply following the disruption of shipping through the Strait of Hormuz — the narrow waterway connecting the Persian Gulf to global oil markets — after joint US-Israeli strikes on Iran on 28 February, pushing Pakistan's weekly oil import bill from around $300 million before the conflict to as high as $800 million.

Sources
DawnPakistan has sufficient POL reserves till third week of June, says petroleum ministry ↗︎
This article was automatically compiled by AI from the sources above. It may contain inaccuracies. Always read the original sources for the full context.