Pakistan is preparing emergency steps as the Pakistan fuel crisis deepens following a massive petrol price increase Pakistan faced after global tensions raised oil costs.

Prime Minister Shehbaz Sharif chaired a high-level meeting to review the Pakistan fuel crisis and discuss the Pakistan fuel conservation policy aimed at controlling energy use across the country.

Officials said the Shehbaz Sharif austerity plan will focus on saving fuel and managing the rising Pakistan oil import bill.

Last week, the government increased petrol and diesel prices by Rs55 per litre, marking the biggest petrol price increase Pakistan has seen.

Officials say the move was necessary due to the Middle East war oil impact that has disrupted global energy supply chains.

During the meeting, the prime minister stressed the need for “sensible use” of fuel as part of the Pakistan fuel conservation policy. He said the Shehbaz Sharif austerity plan will require cooperation from all sectors of society to deal with the Pakistan fuel crisis.

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Petroleum Minister Ali Pervaiz Malik said three oil tankers are expected to arrive soon as part of the Ali Pervaiz Malik fuel shipments update. These shipments may help ease the Pakistan fuel crisis caused by the Middle East war oil impact.

Finance Minister Muhammad Aurangzeb issued a Muhammad Aurangzeb oil warning, saying the Pakistan oil import bill could reach about $600 million per month if global oil prices continue rising.

Officials also warned that crude oil prices may climb to $120 per barrel if the conflict escalates. Because of this Middle East war oil impact, Pakistan is exploring new fuel supply options while strengthening the Pakistan fuel conservation policy.

Meanwhile, Punjab Chief Minister Maryam Nawaz Sharif discussed the crisis with federal officials and stressed the need for Maryam Nawaz diesel supply agriculture measures to protect farmers from shortages after the petrol price increase Pakistan experienced.

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Authorities said the government is also preparing broader Pakistan energy crisis measures to control fuel demand and prevent hoarding at petrol pumps.

Officials believe the Shehbaz Sharif austerity plan will help reduce pressure created by the Pakistan oil import bill while the Pakistan fuel conservation policy ensures available supplies last longer during the ongoing Pakistan fuel crisis.