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Oil shock incoming? How the Iran-US conflict could hit global fuel prices

A hike of 55/- in fuel prices , when austerity measures would have eased out some burden from public.
 
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Show me the evidence that the oil being bought is actually $60 per barrel.

Also explain what the price per barrel becomes when global oil prices increase, and based on that, how much per litre the government would charge at the pump once taxes, refining costs, transport, and other charges are added.

Without showing those details, simply claiming a price difference doesn’t prove anything.

Don’t try to argue without logic just to defend PTI.

At least bring facts, numbers, and proper reasoning to support what you’re saying instead of blindly spouting PTI propaganda
let me dumb it down for you...

The 28 day strategic reserves were bought before the war started. The price at the time was around $60.

Why are they raising prices for oil that was bought at much lower price. You only raise prices for oil that was bought at higher prices, which is not the case yet. That is what people are saying, do you understand now or do you still require still further explanantion?
 
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So this is not related in this context , Govt uses public money to upgrade vehicles for bureaucrats , how is this not related specially for a country which is debt ridden,

A hike of 55/- in fuel prices , when austerity measures would have eased out some burden from public.

Government vehicles were upgraded before the oil price hike, so linking the two just makes you look like a silly clown

you point would have made sense if the vehicles were upgraded after the price hike
 
.. let me dumb it down for you...

The 28 day strategic reserves were bought before the war started. The price at the time was around $60.

Why are they raising prices for oil that was bought at much lower price. You only raise prices for oil that was bought at higher prices, which is not the case yet. That is what people are saying, do you understand now or do you still require still further explanantion?

I’ve already replied to that to your fellow PTI supporters. Why do you lot keep asking the same question again and again?

If you have something to say, reply to the point I already made instead of repeating the same thing.
 
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We don’t need to go step-by-step my post is crystal clear, so stop trying to derail the topic. you sound like you had no proper education or a proper job or done any sort of business, on top of that your doing village level maths without understanding how things actually work.

How do you know the plan isn’t to slightly increase prices now, so that when more expensive oil comes later they don’t have to raise prices sharply? That way it averages out, the public doesn’t get hit with a sudden big increase later, and the government also avoids taking a loss.

Do you actually use your brain or do you just want to keep spouting PTI Propaganda?

Petrol prices have gone up everywhere, and ours is only about 2 cents more expensive than India.

Hahaha, i asked you a simple question you could have replied with yes or no but as always you prefer to rant. Telling me i am doing Village level maths yet you couldnt reply to a simple question. Well anyways, then the answer is YES. Govt did said so, now if you have any 2 working brain cells, if we have quota of 28 days it means we bought the oil 28 days back, and you can go check the price of OIL back then. Unless, in your head past, present and future doesnt matter lol.

Could end the debate here with one simple point which i made above, but since we are now 5 years old and we need some FACTS.

Pakistan’s largest refinery Cnergyico signed a crude deal with global trader Vitol and planned imports worth about $430 million https://www.arabnews.com/node/2631072/pakistan

And now go back to the date of deal, and see since when Pak getting oil. And at that time, avg wise crude oil prices were 60-68$. And here is your PROOF.

Also, since you said i am doing village level maths but looks like you are one with zero sense of contracts, contracts are made are always private and they never mention fixed price. But, since we have actually more than 2 brain cells so we could find out stuff at least about when the deal is made for about how much money.

And i know everything will go above your head, so happy times dude and good bye.
 
Hahaha, i asked you a simple question you could have replied with yes or no but as always you prefer to rant. Telling me i am doing Village level maths yet you couldnt reply to a simple question. Well anyways, then the answer is YES. Govt did said so, now if you have any 2 working brain cells, if we have quota of 28 days it means we bought the oil 28 days back, and you can go check the price of OIL back then. Unless, in your head past, present and future doesnt matter lol.

Could end the debate here with one simple point which i made above, but since we are now 5 years old and we need some FACTS.

Pakistan’s largest refinery Cnergyico signed a crude deal with global trader Vitol and planned imports worth about $430 million https://www.arabnews.com/node/2631072/pakistan

And now go back to the date of deal, and see since when Pak getting oil. And at that time, avg wise crude oil prices were 60-68$. And here is your PROOF.

Also, since you said i am doing village level maths but looks like you are one with zero sense of contracts, contracts are made are always private and they never mention fixed price. But, since we have actually more than 2 brain cells so we could find out stuff at least about when the deal is made for about how much money.

And i know everything will go above your head, so happy times dude and good bye.

I’m not going to give you a simple yes or no just so you can derail the topic and make an easy escape.

I want to get to the bottom of this, and you’ve already ignored several questions I asked earlier.

So if you’re going to keep dodging the points, changing the topic, and running away from the discussion, then don’t waste my time.

Go back to my previous post, the one you completely ignored, answer that first, and then we can move on. Otherwise don’t quote or tag me again.
 
We don’t need to go step-by-step my post is crystal clear, so stop trying to derail the topic. you sound like you had no proper education or a proper job or done any sort of business, on top of that your doing village level maths without understanding how things actually work.

How do you know the plan isn’t to slightly increase prices now, so that when more expensive oil comes later they don’t have to raise prices sharply? That way it averages out, the public doesn’t get hit with a sudden big increase later, and the government also avoids taking a loss.

Do you actually use your brain or do you just want to keep spouting PTI Propaganda?

Petrol prices have gone up everywhere, and ours is only about 2 cents more expensive than India.

The Pakistani wolf 🐺 of Wall Street .
:zardari


55rps is one of or the biggest increase in a day , in the history of Pakistan.
 
The crisis is really serious here in Pakistan too

We have very long queues outside petrol pumps as people wait for refills before price jumps further

Due to rush outside pumps, there is extreme traffic jam on roads
 
So Public transport fares to increase in Pakistan

Rs. 2000/- fare to increase to Rs. 3300/- , intra city transport

Pakistan Railways to also increase their fares.

Chicken meat rises in Pakistan from Rs. 504/- to Rs. 590/-. per kg.

Onion price rises from Rs. 55/- to Rs. 80/- per kg.

Petition also filed in LHC against Petrol prices, Alas! the petitioner might be unaware Pakistan courts are also sold out.


Pakistan's common man will be at crossroads now.

One of the reasons the puppets were installed was to destroy the Pakistani economy. This is the last term these choor families will see out , their aim is to loot as much as possible. Loans and taxes aren’t all spent on the public , much is pocketed. They even send out police to stop rickshaws and motorists to fine them over menial issues .

An uprising in Pakistan is ticking …
 
its an increase everywhere in southasia what your going to do about it :afridi

Try reading what you wrote.

Your explanation is this is to save a large increase later when 55r is the largest increase ever . You have no idea what you’re talking about.
 
Try reading what you wrote.

Your explanation is this is to save a large increase later when 55r is the largest increase ever . You have no idea what you’re talking about.

maybe you comprehension issues, or your PTI goggles aren’t letting you see it properly. Maybe try taking those glasses off and read it again.
 
maybe you comprehension issues, or your PTI goggles aren’t letting you see it properly. Maybe try taking those glasses off and read it again.

This is the biggest increase in history. What did you mean by averaging it out and how is this saving Pakistanis in the future as claimed ? Don’t run off now
 
petrol prices also going up in Bradford what do you have to say about that? plmn fault lol


Are you living in Bradford with a student visa ?

Pakistan has a defence pact with Saudi . Temu general agreed Pakistanis will die for Saudi . Why is the government not securing the cheapest oil in the world? . Pakistan should be reducing prices but criminals whose boots you polish are in charge?
 
This is the biggest increase in history. What did you mean by averaging it out and how is this saving Pakistanis in the future as claimed ? Don’t run off now

I haven’t claimed anything, so stop lying. It was just an example I gave.

It’s obvious if the war carries on prices are going to shoot up even further. The rest is self-explanatory I can’t make it any simpler.

for some like you who claims to be British it is very simple English what exactly do you want me to explain.
 
Are you living in Bradford with a student visa ?

Pakistan has a defence pact with Saudi . Temu general agreed Pakistanis will die for Saudi . Why is the government not securing the cheapest oil in the world? . Pakistan should be reducing prices but criminals whose boots you polish are in charge?

Bradford your home town :haha

You’ll have to wait, it's still too early. Saudi and Pakistan will likely come up with something.

By the way, how much is PTI paying you to spread their propaganda, or are you doing it for free?
 
I haven’t claimed anything, so stop lying. It was just an example I gave.

It’s obvious if the war carries on prices are going to shoot up even further. The rest is self-explanatory I can’t make it any simpler.

for some like you who claims to be British it is very simple English what exactly do you want me to explain.

You’ve made a fool of yourself again , so are attempting to worm out of it . What did your mean by ‘averaging’ out ?
:zardari
 
Bradford your home town :haha

You’ll have to wait, it's still too early. Saudi and Pakistan will likely come up with something.

By the way, how much is PTI paying you to spread their propaganda, or are you doing it for free?

Not sure why you’re here on a visa if you’re abusing English towns .
Where in England are you ?

Pakistani puppet government should have waited but they want to punish the people for supporting Imran . Pc
 
You’ve made a fool of yourself again , so are attempting to worm out of it . What did your mean by ‘averaging’ out ?
:zardari

No, the only fool here is you for not understanding basic maths and don't know what an average is. I’ll explain the post, but first answer this so I can see whether you actually have some basic education and understand what I mean by average or am I wasting my time

What is the average of 55, 70, 85, and 110?
 
Years of living next to Iran and not having cheap supply of oil is insane foreign policy failure, even during Shah Era when he was super pro Pakistani Army, make it make sense.

Hopefully doesn’t make it miserable for poor people.
20+ percent comes from Iran on back of donkeys and trucks lol
 
Not sure why you’re here on a visa if you’re abusing English towns .
Where in England are you ?

Pakistani puppet government should have waited but they want to punish the people for supporting Imran . Pc
no they should have not waited every country in the world is doing the same because they know what they talking about and are not uneducated like you.
 
No, the only fool here is you for not understanding basic maths and don't know what an average is. I’ll explain the post, but first answer this so I can see whether you actually have some basic education and understand what I mean by average or am I wasting my time

What is the average of 55, 70, 85, and 110?

I already pay taxes to help students on a visa , at least do your own homework. Lol.

You can’t explain it because you made up a load of nonsense.

You would be doing harm to the regime but they are also thick as planks like their supporters.
 
I already pay taxes to help students on a visa , at least do your own homework. Lol.

You can’t explain it because you made up a load of nonsense.

You would be doing harm to the regime but they are also thick as planks like their supporters.

KingkhanWC is on benefits and is a poor man who puts petrol in his moped. Petrol costs him £1.60 per litre which he is already struggling with.

Then circumstances change and the government knows that the next batches of petrol will be more expensive. Instead of suddenly increasing the price straight to £2.00 later, they raise the price earlier to £1.80.

This way the increase is spread out and closer to the average, rather than hitting KingkhanWC with one big jump later. The idea is to smooth the increase over time instead of causing a sudden shock.

can't make it any simpler than that even gave you a real life scenario to make you understand better

by the way this isn't a government plan this was my example I gave to someone and your arguing with me over it as if that's what the government is planning to do lol :haha
 
KingkhanWC is on benefits and is a poor man who puts petrol in his moped. Petrol costs him £1.60 per litre which he is already struggling with.

Then circumstances change and the government knows that the next batches of petrol will be more expensive. Instead of suddenly increasing the price straight to £2.00 later, they raise the price earlier to £1.80.

This way the increase is spread out and closer to the average, rather than hitting KingkhanWC with one big jump later. The idea is to smooth the increase over time instead of causing a sudden shock.

can't make it any simpler than that even gave you a real life scenario to make you understand better

by the way this isn't a government plan this was my example I gave to someone and your arguing with me over it as if that's what the government is planning to do lol :haha

No need to derail the thread with your typical whataboutery.
 
Hahaha, i asked you a simple question you could have replied with yes or no but as always you prefer to rant. Telling me i am doing Village level maths yet you couldnt reply to a simple question. Well anyways, then the answer is YES. Govt did said so, now if you have any 2 working brain cells, if we have quota of 28 days it means we bought the oil 28 days back, and you can go check the price of OIL back then. Unless, in your head past, present and future doesnt matter lol.

Could end the debate here with one simple point which i made above, but since we are now 5 years old and we need some FACTS.

Pakistan’s largest refinery Cnergyico signed a crude deal with global trader Vitol and planned imports worth about $430 million https://www.arabnews.com/node/2631072/pakistan

And now go back to the date of deal, and see since when Pak getting oil. And at that time, avg wise crude oil prices were 60-68$. And here is your PROOF.

Also, since you said i am doing village level maths but looks like you are one with zero sense of contracts, contracts are made are always private and they never mention fixed price. But, since we have actually more than 2 brain cells so we could find out stuff at least about when the deal is made for about how much money.

And i know everything will go above your head, so happy times dude and good bye.
pointless arguing with someone, who I genuinely don't think understands what we are saying.
 
KingkhanWC is on benefits and is a poor man who puts petrol in his moped. Petrol costs him £1.60 per litre which he is already struggling with.

Then circumstances change and the government knows that the next batches of petrol will be more expensive. Instead of suddenly increasing the price straight to £2.00 later, they raise the price earlier to £1.80.

This way the increase is spread out and closer to the average, rather than hitting KingkhanWC with one big jump later. The idea is to smooth the increase over time instead of causing a sudden shock.

can't make it any simpler than that even gave you a real life scenario to make you understand better

by the way this isn't a government plan this was my example I gave to someone and your arguing with me over it as if that's what the government is planning to do lol :haha

Sounds like maryam nawaz after too much Rooh Afza.
:ns


You were ignorant this is the largest single rise in one day in Pakistans history . Prices do increase but not at this high percentage and not this early . This is normal practice in nations where harami thieves are in power. Get some basic knowledge before trying to debate .
 
Not sure why you’re here on a visa if you’re abusing English towns .
Where in England are you ?

Pakistani puppet government should have waited but they want to punish the people for supporting Imran . Pc

He's on the same page as his hindutva brethren in abusing Bradford presumably because it has a large Pakistani population.

Is it any wonder that he's a fan of Shehbaz Sharif who danced like Modi for Trump and sang songs about Nobel prizes?
 
FB_IMG_1772903231805.jpg
Rs. 113 Billion , what a hiest, this crooked regime is constantly looting public by ponzi schemes.

There is another news of M-Tag a sham sticker being pasted on cars/Bike for ISB entry for Rs.250/- during last 2 months. Reports are govt. has earned billions from this.
 


Zubair Umer Ex- Advisor Maryam Nawaz doing a presser

Feb 2022 exports figure was higher than what we are exporting in Feb 2026.

Despite 300% tax increase on common man

Spectacular failure of 4yrs by this regime.

Our rulers standard of living is more lavish than European rulers.

Worlds expensive Airplane is purchased for Punjab CM.

$35000 salary each, is of 2 pilots for this airplane

This system should be dismantled.

Bureaucrates have 800 litre monthly free fuel.

MNA/MPAs got 300% hike in salaries last year.

Our public is ruined

@BouncerGuy @emranabbas @KingKhanWC @aboveandbeyond

Donald Trump Pakistan's best friend has landed this country into a crisis, he is a dangerous person.

Its a massive failure for Pakistan.
 


Zubair Umer Ex- Advisor Maryam Nawaz doing a presser

Feb 2022 exports figure was higher than what we are exporting in Feb 2026.

Despite 300% tax increase on common man

Spectacular failure of 4yrs by this regime.

Our rulers standard of living is more lavish than European rulers.

Worlds expensive Airplane is purchased for Punjab CM.

$35000 salary each, is of 2 pilots for this airplane

This system should be dismantled.

Bureaucrates have 800 litre monthly free fuel.

MNA/MPAs got 300% hike in salaries last year.

Our public is ruined

@BouncerGuy @emranabbas @KingKhanWC @aboveandbeyond

Donald Trump Pakistan's best friend has landed this country into a crisis, he is a dangerous person.

Its a massive failure for Pakistan
Wait for ususal suspects to pop up and defend this pathetic stuff... Wait...
 


Zubair Umer Ex- Advisor Maryam Nawaz doing a presser

Feb 2022 exports figure was higher than what we are exporting in Feb 2026.

Despite 300% tax increase on common man

Spectacular failure of 4yrs by this regime.

Our rulers standard of living is more lavish than European rulers.

Worlds expensive Airplane is purchased for Punjab CM.

$35000 salary each, is of 2 pilots for this airplane

This system should be dismantled.

Bureaucrates have 800 litre monthly free fuel.

MNA/MPAs got 300% hike in salaries last year.

Our public is ruined

@BouncerGuy @emranabbas @KingKhanWC @aboveandbeyond

Donald Trump Pakistan's best friend has landed this country into a crisis, he is a dangerous person.

Its a massive failure for Pakistan.

Highest petrol , highest electric and everything else in the region . Money is being looted openly . Rise up and hang these traitors
 


Zubair Umer Ex- Advisor Maryam Nawaz doing a presser

Feb 2022 exports figure was higher than what we are exporting in Feb 2026.

Despite 300% tax increase on common man

Spectacular failure of 4yrs by this regime.

Our rulers standard of living is more lavish than European rulers.

Worlds expensive Airplane is purchased for Punjab CM.

$35000 salary each, is of 2 pilots for this airplane

This system should be dismantled.

Bureaucrates have 800 litre monthly free fuel.

MNA/MPAs got 300% hike in salaries last year.

Our public is ruined

@BouncerGuy @emranabbas @KingKhanWC @aboveandbeyond

Donald Trump Pakistan's best friend has landed this country into a crisis, he is a dangerous person.

Its a massive failure for Pakistan.

Unless there's a uprising against these zionest Poodles, it will get difficult im afraid.

Here in the UK, its virtually a ticking time bomb. Hence Starmer refused to back Trumps suicide mission, which says alot.
 
Effective March 7, 2026, oil marketing companies in India have increased the price of non-subsidized domestic LPG cylinders by ₹60 due to rising global energy costs and tensions in West Asia.

LPG prices have been hiked by ₹60. So far, there is no update on petrol and diesel prices.
 
Pakistan has suffered its first economic impact from the ongoing conflict involving the United States, Israel and Iran, reflected in a record hike of Rs55 per liter in petrol and diesel prices, the federal government announced a day ago.

Petrol price was raised to Rs321.17.


Kerosene hits historic increase, up Rs130.08 to Rs318.81 per liter.
In a historic increase, the price of kerosene has been raised by Rs130.08 per liter, taking the new rate to Rs318.81 from Rs188.73, according to a notification issued on Saturday.
 
Large companies over people': Miftah says govt petrol hike benefits oil firms
There was absolutely no reason to increase their prices and allow them excessive profits, says ex-finance czar

Former finance minister Miftah Ismail has slammed the PML-N-led government’s move to hike the price of petrol and diesel, saying that it has only benefited oil firms.

In a post on X, Miftah, who served as the finance czar during Prime Minister Shehbaz Sharif’s previous tenure, said that the government raised the prices, but in doing so, it also gave Rs35 per litre extra profit to oil companies on petrol and Rs70 per litre on diesel.

The federal government raised petrol and diesel prices by Rs55 per litre as surging global oil prices, fuelled by the US‑Israel war with Iran, put pressure on domestic energy costs.

Effective from March 6, the new price of petrol is Rs321.17 per litre from Rs266.17; whereas, the diesel rate is Rs335.86 per litre from Rs280.86 after the review.

Explaining it further, the Awam Pakistan Party (APP) leader said that the government decided to increase petrol and diesel prices by Rs55 per litre each, which is both the highest single increase ever and the highest price level for both petrol and diesel. “And it will, of course, bring in a huge increase in inflation.”

Miftah said that in Pakistan, petrol and diesel prices are set every 15 days. The last price increase came on February 28 for the period of March 1-15, which is set according to the prices in Singapore’s Platt index.

The government, he explained, took the average Platt price for petrol and diesel from February 15-28 and added petroleum levy and other incidentals and came up with a price.

“It does it because the inventory cost of petrol and diesel in Pakistan sold by oil companies in the first fortnight of March is based on international prices that existed before Feb 28 when companies bought the products from international markets.”

Now, because of the heavy increase in international oil prices, he said, there was an expectation in the market of a large increase in prices for the period of March 15-31. So consumers started filling their tanks, and petrol pumps and oil companies also started hoarding in the expectation of price increases and windfall profits.

“The government felt compelled to increase prices now to stave off a shortage,” he stressed.

The other option, Miftah said, would have been to credibly announce that they would reduce the petroleum levy from March 15 onwards so that the final consumer price would not increase.

This would also have staved off hoarding, but fiscal prudence and the International Monetary Fund (IMF) wouldn’t have allowed this.

“A final option would have been better monitoring of oil companies and petrol pumps, but the government doesn’t have faith in its own monitoring apparatus. So the government decided to raise prices.”

However, he said, instead of just increasing the petroleum levy by Rs55 per litre for this week and committing to reduce it back to the original rate from March 15, so that the expectation about a price increase on March 15 ended, it raised the prices for oil companies and gave them windfall profits.

“This is beyond comprehension.”

The government raised the petroleum levy by Rs20 per litre on petrol and gave Rs35 extra profit to oil companies, but in the case of diesel ,it reduced the levy by Rs20 per litre and gave the oil companies extra profit of Rs70 per litre, he revealed.

“This is really just giving huge profits to oil companies at the cost of consumers and [the] government.” The oil companies had already bought the petrol and diesel being sold today before February 28 at lower prices, he added.

Miftah said that their costs plus profits were already being covered by the prices set originally for March 1-15. “There was absolutely no reason to increase their prices and allow them excessive profits. This is just taking advantage of a crisis and allowing them excessive profits.”

He explained that this was similar to last year’s allowing of sugar millers to export sugar and increase sugar mills’ profit at the cost of the public.

“This time, the government allowed excessive profit to oil companies. It’s always [the] large companies over the people. To stave off shortages, it should have either increased [the] petroleum levy for a week or done better monitoring of oil companies and petrol pumps. But it chose to do a favour to oil companies.”

He said that the second point he wanted to make was about joint sacrifice. “Due to this war, the price of oil has risen, and the increase in [the] cost of petrol and other things is inevitable.” If not now, he said, prices had to increase by March 15.

Miftah said that the government has again asked the people to tighten their belt and sacrifice. Pakistani people have already gotten poorer by 12% over the last 6 years, he stressed.

“But what about the government’s own belt-tightening? How about cutting fuel allowance of senior bureaucrats by 10%.”

“How about asking ministers (who have unlimited fuel allowance) to also pay just 10% of their own fuel. This would suggest some shared sacrifice. But when the government only asks people to sacrifice, and continues its spendthrift ways, it just shows it’s own [apathy].”

 
As the war progresses the situation will become tougher for the average person in Pakistan.
 
Soaring petrol prices push vegetables, fruits beyond reach in Pakistan

The Pakistan government’s sharp increase in petrol prices has caused a ripple effect across the country, pushing up the cost of vegetables and fruits.

As per details, the rising prices of petroleum products in the open market are now impacting the overall cost of food items, with inflation graphs climbing in the country’s two largest cities, Karachi and Lahore.

In Lahore, tomatoes are being sold at Rs70–75 per kilogram, onions at Rs55–60, and ginger at Rs310 per kilogram. Meanwhile, the prices of staple items such as flour, sugar, and rice remain relatively stable for now, with sugar at Rs160, ten kilograms of flour at Rs910, and rice ranging from Rs250 to 400 per kilogram.

Market sources have, however, warned that these prices may rise in the coming days.

In Ramdan Nighaban markets, prices have remained steady despite the petrol hike, with onions at Rs50, tomatoes at Rs63, and ginger at Rs282 per kilogram in Pakistan follwoing petrol prices hike.

In Karachi, the increase in petrol prices has also driven up the cost of vegetables and fruits. Potatoes are being sold at Rs30 per kilogram, onions at Rs40, spinach bundles at Rs20–30, peas at Rs120, green chillies at Rs150, and ginger and garlic at up to Rs400 per kilogram.

Among fruits, melons and guavas are being sold at Rs150 per kilogram, bananas at Rs350 per dozen, tangerines at Rs400 per dozen, and strawberries at up to Rs800 per kilogram. Vendors cite increased transport costs as the main reason for the price hikes, leaving them with no choice but to raise their rates.


Soaring petrol prices push vegetables, fruits beyond reach in Pakistan
 
It’s going to hit everyone. Don’t just blame it Pak fauj / govt. You think Endians will be getting cheap oil? Just watch this space, and you will see plenty of videos of Bharatiya people literally in tears after the war related inflation impacts us all. We are all in this.

You let my fatherland Iran suffer and you thought you all are gonna remain unaffected? You were wrong.
 
I hate to say it but a massive short to medium term increase in oil prices might be the only way to get the Orange idiot to end this war. Yes all of us will hurt especially those of us who live in developing countries but there's no other motivating factor out there.

Average price at the pump in the States is already at $3 after hovering around $2 for a long while. Soon it'll start pinching US consumer wallets and reflecting in inflation and the Fed rates. Trump's rating numbers need to collapse among Republicans for him to start getting nervous and try to find an exit ramp.

Hopefully he'll bomb something big, declare 'Victory' and 'Mission accomplished' and stop this nonsense.

The after effects will take a while to clear up but there's plenty of strategic reserves in various countries and some countries like Russia, Venezuela and the US have room to ramp up production before repairs can be made in the big Saudi & UAE refineries. Iranian capacity will take a while to rebuild after this destruction so prices will stay somewhat high even if not $100 level.
 
I hate to say it but a massive short to medium term increase in oil prices might be the only way to get the Orange idiot to end this war. Yes all of us will hurt especially those of us who live in developing countries but there's no other motivating factor out there.

Average price at the pump in the States is already at $3 after hovering around $2 for a long while. Soon it'll start pinching US consumer wallets and reflecting in inflation and the Fed rates. Trump's rating numbers need to collapse among Republicans for him to start getting nervous and try to find an exit ramp.

Hopefully he'll bomb something big, declare 'Victory' and 'Mission accomplished' and stop this nonsense.

The after effects will take a while to clear up but there's plenty of strategic reserves in various countries and some countries like Russia, Venezuela and the US have room to ramp up production before repairs can be made in the big Saudi & UAE refineries. Iranian capacity will take a while to rebuild after this destruction so prices will stay somewhat high even if not $100 level.
The Orange Idiot is just a puppet, come on people, you still think Trump made the call to start this war?
 
The Orange Idiot is just a puppet, come on people, you still think Trump made the call to start this war?

I doubt it's a coincidence that following the launch of war the FBI released Epstein files on Trump which they claimed were unverified.

Conversation might have went "Mr Trump, be a good boy and follow Bibi's instructions or we release these files WITHOUT the unverified status."
 
The Orange Idiot is just a puppet, come on people, you still think Trump made the call to start this war?

Agree. Hes a Puppet of the zionest Establishment just like every other American leader.

However, with Trump, Aipac had added Tools to Manipulate him. EPSTEIN FILES.
 

Indian government seems more economically organised.

While our PM announcing panic in advance of another possible rise in Petrol/Diesel prices.
Yeah the Indian government's releasing strategic reserves but it's not going to be sustainable for more than a couple of weeks

39563.jpg

If the war doesn't end in a week or so, they'll have to raise prices. One option is to cut taxes but they've been pretty committed to fiscal discipline and there's no imminent election.
 

Indian government seems more economically organised.

While our PM announcing panic in advance of another possible rise in Petrol/Diesel prices.
Our noon leaguia showbaz was freely roaming around with entourage in charter flights and ensuring cost of his pilots, planes, cars and sustenance doesn't get compromised on the freshly baked loans.

Now, as usual, it's on the people to bear this inflation.
 
Pakistan says petrol stocks stable, supply chains functioning smoothly

The government of Pakistan has reassured citizens that national petrol supplies remain stable despite recent global energy market volatility.

The Committee to Monitor Petrol Prices in the Wake of the Emerging Situation in the Region, constituted by the Prime Minister of Pakistan and chaired by the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, continued its daily review of developments in the energy sector and assessed national preparedness measures in light of the evolving regional situation.

In a statement on Monday, it was said that the committee reviewed national inventories of crude oil and refined petroleum products, ongoing imports, and supply chain logistics, including shipments currently en route and additional cargoes being arranged to bolster reserves.

The Committee noted with satisfaction that petroleum product stocks remain at comfortable levels and supply chains are functioning smoothly, with multiple cargoes and import arrangements in place to ensure continuity of supply in the coming weeks.

The Committee reviewed international market indicators, including benchmark crude movements and refined product price trends, and assessed possible scenarios for global energy markets.

The committee also analysed recent global trends in crude and refined petroleum product prices, which have been highly volatile due to geopolitical developments in the region.

It was noted that the Government is closely monitoring international price developments and undertaking continuous scenario planning to safeguard domestic energy security and economic stability.

The meeting further reviewed logistical and operational arrangements for crude imports, refinery operations, and maritime transportation, including coordination with international suppliers and shipping arrangements.

Relevant authorities briefed the Committee on steps being taken to facilitate cargo movements and ensure the uninterrupted functioning of refineries and supply infrastructure.

The Committee emphasized the importance of maintaining optimal refinery throughput and seamless coordination among all stakeholders to sustain national fuel availability.

In addition to supply-side measures, the Committee was also presented with a range of targeted energy conservation and demand management options aimed at reducing pressure on fuel imports during periods of global volatility.

Various measures relating to efficient fuel consumption, operational adjustments, and public sector conservation initiatives

were reviewed.

It was noted that responsible consumption and targeted conservation could generate meaningful savings in fuel imports while supporting national economic stability.

During the meeting, the Committee also took note of operational issues raised by stakeholders from the aviation and logistics sectors and directed the relevant authorities to undertake a detailed review of the matter and present a

comprehensive assessment at the next meeting.

The Committee also reviewed coordination mechanisms with provincial governments to ensure effective monitoring of petroleum product availability and prevent any disruptions in supply.

Provinces briefed the Committee on ongoing enforcement measures and inspections at petrol pumps, while federal authorities updated the participants on the development of an integrated monitoring dashboard to further enhance real-time visibility of stock levels and retail supply conditions across the country.

Chairing the meeting, Finance Minister Senator Muhammad Aurangzeb noted that while global energy markets are currently experiencing heightened volatility, Pakistan’s supply position remains stable and well-managed due to proactive planning and close inter-ministerial coordination.

The Finance Minister further stated that the Committee will continue to closely monitor developments in international energy markets, domestic stock positions, and supply chain dynamics on a daily basis to ensure timely and coordinated policy responses.


 

Fuel supply fears ease as oil tankers arrive at Port Qasim​


Fears of a petrol shortage in Pakistan began to subside on Tuesday as oil shipments began arriving at Port Qasim after fuel prices surged amid the ongoing US-Iran conflict in the Middle East.

According to Port Qasim Authority (PQA) spokesperson Asad Altaf Hussain Warsi, the vessel Torm Damini has already discharged about 37,000 metric tonnes of gas oil at Port Qasim over roughly 40 hours and is scheduled to sail tonight.

“The tanker Nave Atropos, carrying around 50,000 metric tonnes of Mogas (motor gasoline) from Singapore, arrived at Port Qasim on March 9 and is scheduled to berth on March 11. The vessel is expected to complete discharge operations within about 30 hours before sailing on March 12,” he said.

Warsi further said that another vessel, Spruce II, carrying approximately 55,000 metric tonnes of Mogas from Sohar, Oman, was expected to arrive at the port today.

“The ship will berth after Nave Atropos and is expected to sail on March 13 following the completion of discharge operations,” he added.

He said a third tanker, Sea Clipper, carrying around 34,000 metric tonnes of Mogas from Fujairah, was scheduled to arrive on March 11. The vessel will berth after Spruce II and is expected to complete discharge operations within about 30 hours before sailing on March 14.

Read More: OGRA dismisses reports of Rs73 petrol, Rs84 diesel hike as 'completely baseless'

Warsi said a vessel arriving from Fujairah had already reached the port, while three additional ships carrying petroleum products were expected in the coming days.

He added that one of the incoming vessels was arriving from Oman, while details of the remaining two ships would be shared once confirmed.

Warsi said the PQA was ensuring smooth handling and scheduling of all vessels to maintain uninterrupted port operations and steady fuel supplies.

The situation in the Middle East worsened after the United States and Israel attacked Iran, resulting in the killing of its Supreme Leader, Ayatollah Ali Khamenei. In retaliation, Iran launched attacks on Gulf states and closed the Strait of Hormuz, triggering a sharp rise in global crude oil prices.

To cope with the situation, the government last Friday increased petrol and diesel prices by Rs55 per litre. The sharp hike has intensified the cost-of-living pressures, with residents reporting higher transport fares and rising prices of daily-use items.

Source: The Express Tribune
 
Airlines Hike Fares by up to Rs 28,000 Amid Global Fuel Price Uptick

Airlines have increased fares following an uptick in jet fuel prices, ARY News reported, citing airline sources.

According to these sources, domestic ticket prices have risen by Rs 2,800 to Rs 5,000. This increase applies to flights from Karachi to Lahore, Islamabad, and other domestic stations.

International travel has seen an even more significant jump, with fares increasing by a staggering Rs 10,000 to Rs 28,000.

Specifically, fares for flights to Middle Eastern and Central Asian countries have risen by Rs 15,000.

Meanwhile, tickets to Toronto and Manchester from Pakistan have seen an increase of Rs 28,000, bringing the price of a one-way ticket to these destinations above Rs 250,000.

The price hike follows a sharp increase in the cost of jet fuel. A few days ago, the price of jet fuel rose by Rs 154 per liter, jumping from its previous rate to a current price of Rs 342 per liter

The hike represents a staggering 82 percent increase, which is likely to result in an airfare uptick of at least Rs 5,000. Aviation experts noted that airlines will inevitably raise fares to cover the surge in operational expenditures.

Yesterday, the government of Pakistan had announced a sharp increase in petrol prices, citing rising global oil costs linked to escalating tensions in the Middle East.

Rs 55 per litre was increased in the prices of petrol and diesel.

Under the new prices, petrol will cost Rs. 321.17 per litre, while diesel will increase from Rs. 275.70 to Rs. 335.86 per litre.

Deputy Prime Minister and Foreign Minister, Ishaq Dar, has said that the decision had been taken after oil prices surged in the international market following a widening conflict in the region.

He told reporters that the situation intensified after an attack on Iran, adding that the conflict had expanded over the past 48 hours, with Turkey and Azerbaijan also becoming involved, pushing global petroleum prices significantly higher.

Petroleum Minister Ali Pervaiz Malik, who also attended the briefing, described the increase as a difficult decision. He said the government was trying to ensure the country’s energy needs were met during a challenging period.

IMF urges Pakistan to increase petrol prices immediately
The International Monetary Fund (IMF) had urged Pakistan to immediately increase petrol and diesel prices, sources said.

According to sources, the demand was made during virtual talks between Pakistani authorities and an IMF delegation.


 
Not ‘a litre of oil’ to pass Strait of Hormuz, expect $200 price tag: Iran

Iran’s Islamic Revolutionary Guard Corps (IRGC) says it will not allow “a litre of oil” through the Strait of Hormuz as the closure of the key Gulf waterway continues to roil global energy markets during the US-Israeli war on Iran.

A spokesperson for the IRGC’s Khatam al-Anbiya Headquarters said on Wednesday that any vessel linked to the United States and Israel or their allies “will be considered a legitimate target”.

“You will not be able to artificially lower the price of oil. Expect oil at $200 per barrel,” the spokesperson said in a statement. “The price of oil depends on regional security, and you are the main source of insecurity in the region.”

Global oil prices have fluctuated wildly this week during continued US-Israeli attacks against Iran, which has retaliated by firing missiles and drones at targets across the wider Middle East.

The closure of the Strait of Hormuz, through which about one-fifth of the world’s oil supplies transit, and production slowdowns in some Gulf countries have raised concerns of further disruptions.


 
People are beating each other over gas cylinders. :facepalm :inti @MP2011 @Human786


But as per feku and his chums, all is well. If all is well then why were prices of LPG hiked?

Just like economy, feku's knowledge of foreign policy can be mentioned on the back of a postage stamp. Even a total illiterate can learn so many things in 12 years but this feku is beyond redemption.
 
But as per feku and his chums, all is well. If all is well then why were prices of LPG hiked?

Just like economy, feku's knowledge of foreign policy can be mentioned on the back of a postage stamp. Even a total illiterate can learn so many things in 12 years but this feku is beyond redemption.
Khi khi khi, kha kha kha, sapna sapna sapna :yk :inti
 
Not ‘a litre of oil’ to pass Strait of Hormuz, expect $200 price tag: Iran

Iran’s Islamic Revolutionary Guard Corps (IRGC) says it will not allow “a litre of oil” through the Strait of Hormuz as the closure of the key Gulf waterway continues to roil global energy markets during the US-Israeli war on Iran.

A spokesperson for the IRGC’s Khatam al-Anbiya Headquarters said on Wednesday that any vessel linked to the United States and Israel or their allies “will be considered a legitimate target”.

“You will not be able to artificially lower the price of oil. Expect oil at $200 per barrel,” the spokesperson said in a statement. “The price of oil depends on regional security, and you are the main source of insecurity in the region.”

Global oil prices have fluctuated wildly this week during continued US-Israeli attacks against Iran, which has retaliated by firing missiles and drones at targets across the wider Middle East.

The closure of the Strait of Hormuz, through which about one-fifth of the world’s oil supplies transit, and production slowdowns in some Gulf countries have raised concerns of further disruptions.



Iran knows very well that this war is about oil and not nuclear powers or regime change
 
US eases Russia oil sanctions as Iran war pushes up energy prices

The US has authorised countries to buy sanctioned Russian oil and petroleum that is currently loaded on vessels at sea in an attempt to curb the economic impact of the US-Israel war with Iran.

US Treasury Secretary Scott Bessent said it was a temporary measure to "promote stability in global energy markets" during the war. The authorisation will last until 11 April.

"This narrowly tailored, short-term measure applies only to oil already in transit and will not provide significant financial benefit to the Russian government," Bessent said.

Attacks on ships and energy infrastructure in the Gulf and the effective closure of the vital Strait of Hormuz waterway have rocked global energy markets.

Oil prices climbed back above $100 a barrel on Thursday and stock markets fell after three more cargo vessels were hit in the Gulf and Iran's new supreme leader vowed to keep blocking the strait.

Around a fifth of the world's oil usually passes the narrow waterway.

Oil prices dipped in Asia trading on Friday afternoon, with Brent crude 0.3% lower at $100.13 (£75.13) a barrel, while US-traded oil was down by 0.7% at $95.01.

The jump in energy prices this week has led to action by authorities to tackle the issue.

On Wednesday, the International Energy Agency (IEA) said it would release a record 400 million barrels of oil.

Governments in Asia, which are major buyers of oil from the Gulf, have announced a slew of measures in recent days.

The Philippines, for example, gets around 95% of its crude oil from the Middle East. The country's president told public workers to switch to a four-day working week to save fuel.

Meanwhile, Japan, South Korea and Thailand have announced price caps on petrol prices.

"The temporary increase in oil prices is a short-term and temporary disruption that will result in a massive benefit to our nation and economy in the long-term," Bessent said.

Earlier, he said the US government would start escorting vessels through the Strait of Hormuz "as soon as it is militarily possible".

The possible need for a military escort "was always in our planning", he told Sky News.

Pressed on whether that could start in the coming days, Bessent said "as soon as it is possible to ensure safe passage we will do it".

BBC
 

Bengaluru Cafe Charges 5 Pc ‘Gas Crisis Charge’ On Lemonade Amid LPG Shortage! Viral​


A Bengaluru cafe’s bill with an added “gas crisis charge” of 5 per cent on a lemonade amid the LPG shortage is going viral on social media, leaving netizens reacting in all kinds of ways.



It’s one thing to charge a bit extra on tea or coffee- or any other food item that will require gas in its preparation for that matter of fact- amid India’s LPG crisis– and it's another thing to charge ‘gas crisis charge’ on just about anything, specifically a beverage like a ‘lemonade’! Yet, that is exactly what this Bengaluru cafe seemingly did. Taking to social media, a picture of a bill from a Bengaluru cafe was shared online, which went viral. The bill was otherwise normal, but what was eye-raising was the 5 per cent “gas crisis charge”.
To make everything further confusing was that the charge was on a ‘lemonade’. As per the bill, the customer had ordered two lemonades, costing Rs 179 each– Rs 358 in total. However, they were required to pay Rs Rs 374, as it also added Rs 17 as the gas charge, along with GST.

The post went viral in an instant, leaving many furious. Most called it “cheating”, while others called such a charge "obnoxious". India’s LPG shortage was triggered after the Middle East conflict began, posing disagreements amid nations over the functioning of the Strait of Hormuz.

Times Now could not confirm the details of the post.

Check out the viral post:
“Gas crisis charge on a lemonade,” the post read.
The post was shared on X (formerly Twitter) by the handle ‘HaramiParindey’. The viral post was shared a while back and pulled more than 297K views from people.


Internet’s reactions:
“Lemonade banane main kaunsa gas lagta hai (which Lemonade needs gas in its preparations),” a user asked. “This is too much. Everyone wants to just loot customers in India,” added another.

“A lemonade costs Rs 10 on the road and is free of cost at home,” added another person. “I’ve been to this cafe long back. I highly recommend avoiding this place,” commented the next person in the comment section.
“This is the worst. They are already so overpriced,” added another person. “Next what? Bangalore charging for change in weather? And Bangalore charging for no traffic on Marathahalli bridge?” asked the next.


Source:
 
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