ISLAMABAD – PM Shehbaz is expected to address the nation today, with key announcements on regional diplomacy and the energy crisis. His speech may also cover potential relief in fuel prices.
Sources say PM Shehbaz will highlight Pakistan’s diplomatic efforts to ease regional tensions. The address is expected to focus on government strategies for managing the ongoing energy shortage. He may also encourage nationwide fuel conservation.
Speculation is growing that petrol prices could be reduced again during the next fortnightly review, likely by mid-April. This comes after Islamabad reportedly helped broker a 14-day ceasefire between the United States and Iran.
The ceasefire, announced by Donald Trump, includes Iran reopening the Strait of Hormuz for oil tankers temporarily. The decision calmed global markets, which had feared supply disruptions in this strategic waterway.
Oil markets reacted sharply. WTI crude dropped around 14–16 percent to $96–$97 per barrel, while Brent crude fell 13–14 percent to $93–$95 per barrel. The reduction in global oil prices could ease domestic fuel costs.
Earlier this month, petrol prices in Pakistan were cut from Rs458 to Rs378. With global oil prices falling further, further relief may be announced soon. Citizens and businesses are awaiting clarification during PM Shehbaz’s address.
Analysts say the prime minister’s speech could also reinforce Pakistan’s growing role in regional diplomacy. The government hopes that by showcasing successful mediation efforts, it can strengthen international ties and promote economic stability at home.
With energy costs and regional tensions top of mind, today’s address by PM Shehbaz is expected to draw nationwide attention. Pakistanis are hopeful for announcements that balance economic relief with continued diplomatic engagement.
In other news read more about Iran’s Top Diplomat Araghchi Thanks PM Shehbaz And Asim Munir For Ceasefire Mediation Efforts
This speech may set the tone for upcoming policy actions, especially in energy management and regional peace efforts.
