In response to the recent Israel-Iran tensions and rising uncertainty in global oil markets, the Prime Minister of Pakistan has formed a high-level committee to monitor fuel prices and supply.
- The committee is led by Finance Minister Muhammad Aurangzeb and includes senior officials, regulators, and energy experts.
- It will track global oil prices, check for possible supply disruptions, and analyze foreign exchange and budget impacts if the conflict drags on.
- The first meeting was held today; members said Pakistan’s fuel supply is currently stable but warned that the situation could change quickly.
A daily working group will keep watch, and the full committee will meet weekly to update the Prime Minister. The Petroleum Division will help with coordination and follow-up actions.