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Fuel Prices Rise Amid Global Shifts | Pakistan News
Fuel prices just spiked as petrol climbs 39 paisa and diesel jumps 2 rupees 40 paisa, but there’s good news too—Moody’s upgraded Pakistan’s credit rating to B3, praising the economic team’s turnaround. Global oil markets are jittery, watching for U.S. sanctions on Iran and potential Strait of Hormuz disruptions. Domestically, eleven international investors are vying to privatize Gepco, aiming to boost efficiency, while transporters have paused their strike after government assurances on fuel price adjustments, expecting revisions every 15 days or monthly. Listen in comfort:Get a discount on a…
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