Pakistan minister comments on Bab El-Mandeb strait reopening and fuel prices
Both outlets reported that the Petroleum Minister Ali Pervaiz Malik commented on the resumption of ship movements through the Bab El-Mandeb strait and its potential impact on fuel prices. Arab News Pakistan highlighted Pakistan’s expectations for easing fuel prices and mentioned the minister’s remarks about US-Iran tensions. 24 News HD focused on the decline in international oil prices following the resumption of shipments and noted the minister’s comments on this development.
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Govt expects relief in fuel prices as Bab el-Mandeb shipments resume
Federal Petroleum Minister Ali Pervaiz Malik has said that international crude oil and refined fuel prices are beginning to decline after ships stranded in the Bab el-Mandeb Strait resumed their voyages, 24NewsHD TV reported on Monday.
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Pakistan expects fuel prices to ease as ships exit Bab El-Mandeb strait, minister says
ISLAMABAD: Pakistan expects domestic fuel prices to ease as its ships have exited the Bab El-Mandeb strait, Petroleum Minister Ali Pervaiz Malik said on Monday, citing hopes that easing US-Iran tensions will further lower pressure on global oil markets.
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