Prime Minister Establishes National Coordination and Management Council to Safeguard Economy
PM Shehbaz Sharif forms the NCMC to manage the economic and security fallout of the Middle East conflict, streamlining decision-making and ensuring energy security.
Federal Minister Khawaja Asif Urges Strategic Shift to Solar Energy Amid Financial Strain
Defense Minister Khawaja Asif highlights the urgent need for a long term energy strategy focused on local resources to combat heavy capacity payment burdens.
Iran Grants Pakistan Strategic Maritime Passage as Islamabad Mediates Global Fuel Crisis
Deputy PM Ishaq Dar announces Iran’s decision to allow 20 Pakistani-flagged ships through the Strait of Hormuz, marking a major breakthrough in regional diplomacy and energy security.
Pakistan and Oman Strengthen Energy Ties Amid Evolving Regional Dynamics
Federal Minister for Petroleum Ali Pervaiz Malik and Oman Ambassador discuss diversifying energy imports and alternative supply routes beyond the Strait of Hormuz.
World Bank Warns Middle East Conflict Triggers 40% Oil Price Surge and Global Supply Chain Crisis
The World Bank Group is preparing a coordinated financial support package for emerging markets as the Middle East conflict drives up energy, fertilizer, and logistics costs globally.
Pakistan Diversifies Energy Imports with Strategic Fuel Shipments from Oman
Pakistan bolsters energy security by importing petrol and diesel from Oman, aiming to reduce reliance on traditional shipping routes amid regional volatility.
Fitch Ratings: Chinese Battery Giants to Lead Global Energy Transition Despite Geopolitical Risks
Fitch Ratings highlights how Chinese battery manufacturers maintain dominance in BESS and LFP sectors as the Iran conflict intensifies global energy security concerns.
Energy War in the Gulf: Four Critical Fuel Shipments Reach Pakistan Amid Regional Crisis
Four vessels carrying gasoline, crude oil, and LPG have arrived at Karachi’s ports, securing Pakistan’s energy supply as the Gulf region faces a massive energy conflict.
Prime Minister Shehbaz Sharif Urges Fuel Conservation Amid Escalating Gulf Energy Crisis
PM Shehbaz Sharif chairs high-level meeting in Islamabad, calling for nationwide fuel-saving measures and austerity to navigate potential supply disruptions from the Middle East.
Pakistan Implements Massive Salary Cuts for SOE Employees Amid Global Energy Crisis
PM Shehbaz Sharif mandates 5-30% salary cuts for SOE employees as part of a rigorous austerity drive to mitigate the impact of the US-Iran war on fuel prices.