PTML Acquires 5G Spectrum to Power Pakistan’s Next Generation Digital Economy
March 10, 2026
Four petrol-laden ships arrive at Port Qasim as Pakistan responds to fuel shortages triggered by the US-Israel-Iran conflict.
Four petrol-laden vessels have arrived at Port Qasim as Pakistan works to stabilise fuel supplies amid a global energy disruption linked to tensions involving the United States, Israel and Iran.
According to port officials, approximately 37,000 tonnes of petrol have already been offloaded, while another shipment of 50,000 tonnes is currently being transferred. Two additional vessels are expected in the coming days, including one carrying 55,000 tonnes on March 12 and another transporting 34,000 tonnes on March 13.
The developments come as Pakistan faces rising fuel costs following a surge in global oil prices. The government recently raised petrol prices to Rs321.17 per litre and diesel prices to Rs335.86 per litre.
In response to the crisis, Shehbaz Sharif announced a range of austerity and fuel conservation measures. These include reducing fuel provision for official vehicles, limiting government travel, introducing work-from-home arrangements for public sector employees, and implementing a four-day workweek for government offices.
Additional restrictions include a ban on purchasing new government vehicles and limits on non-essential government expenditures as authorities attempt to mitigate the economic impact of the ongoing regional conflict.
