Скачать или смотреть Iran US War Effects | Why Petrol Price Hike in Pakistan | PM Shehbaz sharif Addresses The Nation

The ongoing Iran–US–Israel conflict has sent global oil markets into turmoil, driving crude prices sharply higher and disrupting supply routes like the Strait of Hormuz — a vital corridor for fuel shipments. This surge forced the Pakistani government to announce a historic Rs55 per litre hike in petrol and diesel, pushing petrol prices above Rs320 per litre. The rise reflects global energy costs and Pakistan’s dependence on imported fuel being squeezed by the conflict’s fallout. In his national address, Prime Minister Shehbaz Sharif explained the reasons behind the fuel price hike, outlined an austerity and savings plan, and urged citizens to remain resilient amid economic pressures caused by the war’s impact on energy markets and inflation.

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