Limiting the damage
WITH looming energy shortages due to the US-Israel war on Iran, the government has revived a range of Covid-era measures — excluding health-related precautions — to conserve fuel, along with a shift to weekly petroleum price revisions for market stability. The decision reflects the gravity of the regional crisis. With the war entering its second week, devouring the Gulf region and disrupting shipping routes through the Strait of Hormuz, Islamabad appears to be bracing for energy shortages and th...
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