Shehbaz Sharif Reaffirms Pakistan’s Peace Efforts as Global Oil Prices Surge
Prime Minister says the government is working to shield ordinary citizens from rising fuel costs after petroleum officials engaged refineries over a planned price increase.
Shehbaz Sharif discusses Pakistan’s peace efforts and rising global oil prices at a federal cabinet meeting.
Prime Minister Shehbaz Sharif has reiterated Pakistan’s efforts to restore peace in the Middle East as regional instability continues to push global oil prices higher.
He made the remarks while addressing a meeting of the federal cabinet on Wednesday. The prime minister said international oil prices had “skyrocketed” because of the regional situation.
“Pakistan is playing its role as before in restoring peace in the region,” he said.
Pakistan Continues Diplomatic Engagement
Shehbaz recalled Pakistan’s recent engagements with Tehran and other regional actors aimed at supporting peace.
He also referred to diplomatic efforts under the Makkah Joint Defence Agreement, highlighting Pakistan’s continued role in regional discussions.
The prime minister reaffirmed that Pakistan would continue working with relevant countries to support stability and prevent further escalation.
Government Seeks to Limit Fuel Price Burden
The prime minister also discussed the impact of rising international oil prices on domestic fuel costs.
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He said the government had planned to increase fuel prices by Rs15 on Friday. However, Petroleum Minister Ali Pervaiz Malik held discussions with refineries to absorb the additional burden through their windfall profits.
“We will not let a common man bear this burden,” Shehbaz said.
The government’s approach, as outlined by the prime minister, aims to limit the impact of higher global oil prices on ordinary consumers.
The remarks come as Pakistan faces the challenge of managing domestic fuel costs amid uncertainty in international energy markets.
