Pakistan Seeks IMF Help as Oil Import Costs Surge; Fuel Prices Soar | World News

Описание: Pakistan’s Finance Minister Muhammad Aurangzeb has warned that the country’s monthly oil import bill could soar to $600 million due to rising crude prices amid escalating West Asia tensions. The government is preparing contingency plans, including fuel conservation measures and alternative supply strategies, and is planning to request relief from the International Monetary Fund (IMF) on the petroleum levy to mitigate financial strain. Officials noted expected petrol shipments and ongoing diplomatic engagement with Saudi Arabia, Oman, and the UAE to secure supplies, while rapid fuel price hikes have intensified economic pressure on citizens and inflationary risks.

#middleeastconflict #pakistan #pakistanfuelprices #worldnews #indiatvnewsenglish

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