Pakistan admits fuel vulnerability amid global oil shock; compares energy security with India

| May 01, 2026, 04:41:56 PM | TOI.in
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Pakistan has admitted its vulnerability amid a deepening fuel crisis, stating it does not have strategic oil reserves like India. Petroleum Minister Musadik Malik said the country relies only on limited commercial stocks, leaving it exposed to global oil shocks as crude prices surged to $126 per barrel amid Middle East tensions. He highlighted that Pakistan has only a few days of fuel reserves compared to India’s significantly larger buffer supported by strategic storage systems. The remarks come as fuel prices spike, triggering public anger and economic pressure in Pakistan. Meanwhile, India has managed relative stability through strategic reserves and fiscal measures, even as global supply chains remain under strain.

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