World

Govt enlists oil refineries to shield citizens from global price hikes

The government said on Monday that oil refineries would bear a burden of approximately Rs15 billion each month, which would allow petrol to be sold Rs15 cheaper than what it was in the global market amid the US-Israeli war on Iran. The statement came at a press conference in Islamabad addressed by Petroleum Minister Ali Pervaiz Malik and Information Minister Attaullah Tarar. Addressing the conference, Malik said that Prime Minister Shehbaz Sharif had made efforts to meet with oil refineries and