Speaking on state-run PTV and other channels, Sharif noted that Pakistan’s economy, heavily dependent on Gulf oil supplies, faced significant challenges as global energy markets surged. ADVERTISEMENT"To stabilise the economy, we have taken difficult decisions," Sharif said. "The government is trying to minimise the burden on citizens, although we have little control over global fuel prices." Sharif also warned fuel station owners against hoarding and illegal practices and urged the elite to support the government’s austerity drive. Sharif also expressed condolences over the death of Ayatollah Ali Khamenei while condemning attacks on Muslim countries by Iran.

Source: The Telegraph March 09, 2026 19:53 UTC