Petrol prices likely to come down in Pakistan, hints Pervaiz Malik
Key takeaways
- Add ARY News on Google AAResize ISLAMABAD: Minister for Petroleum Ali Pervaiz Malik has hinted at a reduction in petrol prices, a major relief to the masses as international oil prices begin to decline.
- He noted that signs of easing tensions between Iran and the United States have already led to a downward trend in global oil prices, creating the possibility of relief for consumers in Pakistan.
- Ali Pervaiz Malik stated that the prime minister has directed to ensure that the benefits of any reduction in international petrol prices be passed on to the public without delay.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: Minister for Petroleum Ali Pervaiz Malik has hinted at a reduction in petrol prices, a major relief to the masses as international oil prices begin to decline.
According to the minister, the diplomatic efforts of Prime Minister Shehbaz Sharif, Field Marshal Asim Munir, Foreign Minister Ishaq Dar and the Interior Minister Mohsin Naqvi are starting to yield positive results, with Iran and the United States moving towards a ceasefire agreement.
He noted that signs of easing tensions between Iran and the United States have already led to a downward trend in global oil prices, creating the possibility of relief for consumers in Pakistan.