Published: Mar 10, 2026, 07:00 IST | Updated: Mar 10, 2026, 07:00 IST
Pakistan’s Prime Minister Shehbaz Sharif has ordered a two-week closure of schools and announced sweeping austerity measures as soaring global oil prices strain the country’s economy. Islamabad says the Iran war has sharply increased energy import costs for the import-dependent nation.
The government will cut fuel use across departments, move public offices to a four-day workweek and reduce staff presence to limit commuting and energy consumption. Officials also said fuel allowances for government vehicles would be reduced and many official vehicles taken off the roads.
Authorities warned that rising crude prices and disruptions to global energy flows could put further pressure on Pakistan’s economy, prompting emergency steps to conserve fuel and reduce public spending.