Pakistan enters 'Lockdown-like' situation as Iran war leads to oil price spike

Описание: Pakistan's Prime Minister Shehbaz Sharif said schools would close for two weeks and announced sweeping cuts to government fuel use and spending on Monday (March 9), saying surging oil prices triggered by the war with Iran were threatening to destabilise the economy.

In a televised address to the nation, Sharif said the government would slash fuel consumption across government departments, shift many public services online, and impose strict curbs on spending to cope with the shock of higher energy import prices AS Pakistan imports most of its energy.
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