Pakistan Navy launches operation to protect shipping lanes
"With approximately 90 per cent of Pakistan's trade conducted via the sea, the operation aims to ensure that vital sea routes remain safe, secure, and uninterrupted," the statement said.
Pakistan imports most of its energy, and the government has already announced fuel-saving austerity measures after global oil prices surged amid the widening conflict.
A government committee reviewing the impact of the regional conflict said Pakistan’s petroleum stocks remained at "comfortable levels", with additional cargoes being arranged to ensure continuity of supply in the coming weeks, the finance ministry said in a statement.
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