Pakistan Orders Emergency Fuel Imports Amid Iran-Israel ,

June 21, 2025
Pakistan has taken urgent steps to secure fuel supplies as the Iran-Israel conflict disrupts global oil markets.

Key Measures:

1. Mandatory Fuel Reserves:
   • Oil companies must keep 20 days’ worth of petrol/diesel stocks.
   • 140 million liters of emergency petrol imports ordered.
2. Faster Shipments:
   • A fuel vessel arriving June 26 (originally July 6) will bring 70 million liters.
   • Extra 140 million liters expected by July 1.

Rising Costs & Risks:

⚠️ Shipping prices up 15%

• Tanker trips now cost $1.1–1.2 million (was $900,000).
  ⚠️ Insurance doubled to $22,000 per voyage.
  ⚠️ Strait of Hormuz disruptions: GPS failures delaying ships.

Impact on Pakistanis:

• Fuel prices may rise soon (global oil up 16% due to war).
• Government won’t cut fuel taxes (Petroleum Development Levy stays).

Government Response:

• Finance Minister Aurangzeb: “We’ll raise local prices if global costs climb.”
• PM Shehbaz formed a crisis team to monitor fuel stocks/prices.
• Opposition warns conflict could worsen Pakistan’s debt and trade gaps.

Why this matters:
➤ Pakistan imports most oil via the Gulf—war puts supplies at risk.
➤ 430+ killed in Iran so far; regional instability grows.