Shahid Khaqan urges govt to deregulate fuel prices, promote electric vehicles

Awaam Pakistan President Shahid Khaqan Abbasi on Saturday called on the government to deregulate petroleum prices and promote electric vehicles (EVs) to absorb the economic impact of rising oil prices amid the US-Israel war on Iran. Since the February 28 strikes by the US and Israel on Iran triggered the war and pushed up global oil prices, fuel prices in Pakistan have reached record highs. In two major hikes, petrol prices have risen from Rs266.17 to Rs378 — after a partial reduction in a recen...