ISLAMABAD: Pakistan’s oil supply chain players appeared nervous as petrol stocks declined to a 14-day cover on Thursday, prompting the government to urgently address procedural issues and activate enforcement mechanisms to discourage hoarding for profiteering in the market. The decline comes amid rising prices following renewed US-Iran hostilities. Informed sources said the government may have to revert to the fuel conservation measures adopted over the past couple of months as it reviews the latest regional situation. A session with the oil industry, urgently convened by the recently created National Coordination and Management Council (NCMC) — a civil-military body on energy supplies — “holistically” reviewed the availability of petroleum products across the country. Minister for Economic Affairs Ahad Khan Cheema…

Source: Dawn – Latest News

#2TheSports, #ImranLohani #ImranLohani