Govt dusts off oil refining policy as Hormuz disruptions bite

• Petroleum minister says removing bottlenecks crucial to implementing long-delayed policy; terms local refineries ‘critical national assets’• Officials argue upgrades are in line with IMF’s ‘resilience and sustainability’ objectives, will improve fuel quality besides saving money ISLAMABAD: The oil disruption in the wake of the US-Iran war has compelled the government to dust off its petroleum refining policy, which was passed almost three years ago but could not be enforced due to flawed negot...