Pakistan is grappling with dwindling petroleum stocks, rising international prices, and a potential nationwide strike by dealers protesting the shift to daily pricing. Commercial stocks have fallen significantly, with diesel shortages possible within weeks, exacerbated by threats to key shipping routes like Bab el-Mandeb. Demand has surged beyond planned levels, pushing the government to consider reintroducing austerity measures to curb consumption and manage the import bill. Continued fuel price hikes and supply issues could fuel inflation and pressure the Pakistani Rupee, potentially increasing local gold demand as a hedge.
بحوالہ / Source: www.brecorder.com