Overview
- Petroleum Minister Musadik Malik said on Samaa TV that Pakistan holds 5–7 days of crude and about 20–21 days of refined fuel, with no strategic petrol reserves.
- He detailed steps that zeroed the diesel levy, shifted the charge to petrol, offered targeted support to motorcyclists, and won an 80‑rupee‑per‑litre levy cut from the IMF.
- The disclosure comes as crude trades near $126 a barrel after disruptions at the Strait of Hormuz, the narrow waterway that carries about a fifth of seaborne oil and LNG.
- A previous 42.7% petrol jump to PKR 458.41 triggered protests and shortages, after which Prime Minister Shehbaz Sharif cut prices by PKR 80 to PKR 378 per litre.
- Malik contrasted Pakistan’s position with India’s estimated 60–70 days of combined stocks and greater fiscal room to adjust taxes and shield consumers.