Pakistan's Fuel Prices May Finally Fall — But Not Yet
Pakistan's fuel prices surged 40% during the war; ceasefire offers hope, but economists say relief is weeks away.
The news. The narrative. The timeline.
Bureau: Delhi
Pakistan's fuel prices surged 40% during the war; ceasefire offers hope, but economists say relief is weeks away.
Pakistan brokered the ceasefire and will host the talks, but Iran says Hormuz and sanctions are non-negotiable, while the US says Iran must dismantle enrichment. Islamabad starts with incompatible.
India imports roughly 85 percent of its oil, much of it from Gulf states through Hormuz — the ceasefire offers relief to an economy that was absorbing a war it had no vote in starting.