Essential systems
Pakistan Fuel & Energy
Coverage of the systems that keep Pakistan moving: petroleum prices and supply, power policy, imports, shortages and the international disruptions that reach local consumers.
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2 April 2026PSX plunges 3,500 points as Trump's Iran threat spooks investors
The KSE-100 fell 2.25 per cent to 152,011 points on 2 April 2026 after Donald Trump vowed to keep fighting in Iran, sending oil higher and dashing hopes of a quick end to the war.
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Pakistan / Business & FinancePakistan allocates Rs125bn to hold oil prices as PM reviews fuel austerity
A 29 March 2026 fuel review chaired by Prime Minister Shehbaz Sharif allocated Rs125 billion to prevent a petrol and diesel price rise and pushed vehicle registration.
Pakistan / Business & FinancePakistan holds petrol and diesel, raises kerosene to Rs433.40
On 28 March 2026 Pakistan raised kerosene by Rs4.66 to Rs433.40 a litre while freezing petrol and diesel, as PM Shehbaz said the state would bear Rs56bn.
Pakistan / Business & FinancePakistan cuts development budget by Rs100bn to fund fuel subsidy
The federal government has slashed the Public Sector Development Programme by 10 per cent to keep petrol and diesel prices unchanged as global oil costs surge.
Pakistan / Business & FinancePakistan finalises app-based fuel quota for motorcycles, rickshaws
The government has finalised a mobile app-based fuel quota system for two- and three-wheelers to target subsidies and cut consumption as the Gulf war squeezes oil supplies.
Pakistan / Business & FinanceShehbaz rejects Rs76 petrol hike on Eid eve as state absorbs Rs45bn
On 20 March 2026 Prime Minister Shehbaz Sharif rejected a proposed Rs76 petrol and Rs177 diesel increase, keeping pump prices unchanged over Eidul Fitr.
Pakistan / Business & FinanceRooftop solar boom shields Pakistan from Hormuz oil shock, study says
A study says Pakistan's rooftop solar boom has avoided more than $12 billion in oil and gas imports since 2018, cushioning it from Strait of Hormuz disruptions.
Pakistan / Business & FinancePakistan's LNG imports to run out after 14 April, Senate panel told
A Senate petroleum panel was told LNG imports from Qatar have been suspended since 2 March and that no LNG will be available in Pakistan after 14 April.
Pakistan / Business & FinancePakistan freezes fuel prices and bans petroleum exports as oil surges
Petrol and diesel prices stayed unchanged on 13 March 2026 as Islamabad banned petroleum exports and readied a Rs389 billion emergency fund to absorb higher global oil costs.
Pakistan / Business & FinancePakistan fuel depots run dry as minister rules out further price rises
Tanker drivers queued for days at depots near Lahore as Pakistan State Oil said its stocks covered more than 20 days and the minister ruled out a further price rise.
Pakistan / Business & FinanceFour fuel-laden ships reach Pakistan as war disrupts Gulf oil shipping
Four tankers carrying petrol and diesel reached Pakistan and more were due to berth, easing shortage fears as the Strait of Hormuz crisis disrupted oil imports in March 2026.
Pakistan / Business & FinanceOil tops $100 a barrel as Iran war enters day 9, deepening Pakistan's energy crisis
Crude surged past $100 a barrel on 8 March 2026 as Israeli strikes hit Tehran oil depots, deepening the LNG and fuel squeeze Pakistan is already feeling from the Middle East war.