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The fast-expanding war between the United States, Israel, and Iran has captured global attention largely because it is disrupting oil and gas supplies from the Persian Gulf. Yet another resource is now emerging as far more critical to the survival of the region’s societies. Water
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The ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) on Monday managed an easy victory in the biennial polls to five Rajya Sabha seats in Bihar, with its candidates including Chief Minister Nitish Kumar and BJP national president Nitin Nabin
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Lockdown-like situation in Pakistan as US-Iran tensions escalate; schools and colleges shut, offices shift to WFH, foreign visits restricted
Lockdown-like situation in Pakistan as US-Iran tensions escalate; schools and colleges shut, offices shift to WFH, foreign visits restricted
All higher educational institutions will conduct online classes from March 16 to March 31, while schools will remain closed for two weeks during this period.
New Delhi: The Shehbaz Sharif government on Monday announced a slew of measures to conserve fuel after oil prices surged beyond USD 100 per barrel amid the Middle East crisis. The Pakistani government has said schools will remain closed for two weeks and government offices will operate only four days a week. As per the Reuters report, Prime Minister Shehbaz Sharif told the press on Monday, “To save fuel, government offices-except banks-will remain open only four days a week. After the end of this week, all schools will remain closed for two weeks. To conserve fuel, higher education classes will be conducted online.”
He further said, “Apart from essential services, 50 percent of staff in government departments will work from home to save fuel.” The prime minister also announced that over the next two months, fuel supply to government departments will be reduced by 50 percent.
Due to the ongoing crisis in the Strait of Hormuz, which is the result of the conflict involving the United States, Israel, and Iran, there has been a massive fuel shortage in Pakistan. It is important to note that Pakistan receives a significant portion of its oil supply through the Strait of Hormuz, and due to recent restrictions, it was forced to announce an increase in petrol prices on Saturday.
The Pakistani government, during a late-night press conference, announced a 55 PKR increase in petrol prices (around ₹18 in Indian currency), which is the largest hike in the country’s history. The press conference was attended by Petroleum Minister Ali Pervaiz Malik, Deputy Prime Minister and Foreign Minister Ishaq Dar, and Finance Minister Muhammad Aurangzeb.
The price of high-speed diesel has also witnessed a major spike. According to the reports, the rates have increased by 20 percent. The price of diesel, which was earlier PKR 280.86, has now been fixed at PKR 335.86 per litre for the coming week.
Speaking about the price hike, Pakistan’s Petroleum Minister Ali Pervaiz Malik said, “The fire that started in a neighboring country has spread across the entire region. We do not know how long this crisis will last, and there is no definite timeline for when it will end.”
Source: India.com
Source: OfficeNewz
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