Iran-US developments and Strait of Hormuz hint at fuel price drop

First Published 2 days ago

5 Updates by 3 sources

The Strait of Hormuz crisis has ended, providing big relief for global markets. No fees will be charged at the Strait of Hormuz for 60 days. These developments follow a US-Iran Peace Pact Signing, ongoing US-Iran Talks, and an Iran-US Deal Update. Big news concerns fuel prices, with petrol rates expected to decrease in Pakistan. The public is demanding a Rs150 reduction in petrol prices, and a Prime Minister’s big announcement is anticipated.

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