Islamabad: Pakistan’s oil refineries reported combined losses of around Rs24 billion in April, driven by pricing pressure, rising operational costs, and policy challenges. Industry stakeholders highlighted that continued financial strain could discourage future investment and affect long-term fuel supply planning. Experts warned that without timely policy reforms and pricing adjustments, the local refining sector may face sustainability issues. Calls are increasing for government support to strengthen domestic refining capacity, reduce reliance on imports, and stabilize the energy supply chain in the country.
IG Islamabad takes action on issues of police officers
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