Pakistan Has Sufficient POL Reserves Until Third Week of June

Pakistan's Ministry of Petroleum has confirmed that the country holds sufficient petroleum, oil, and lubricant reserves to sustain domestic supply through the third week of June, a reassurance issued amid escalating tensions in the Gulf region following a drone attack on Fujairah and Iran's missile exchange with the UAE.

The ministry's statement is a direct response to public concern over potential supply disruption as regional hostilities intensify near critical Gulf oil transit corridors. Pakistan imports a significant share of its refined petroleum products and crude oil through Gulf shipping routes, making any sustained disruption to Strait of Hormuz or alternative transit hubs a serious economic risk.

Officials indicated that existing inventory levels provide a buffer of approximately six to seven weeks, which they characterised as adequate to manage near-term uncertainty. However, the statement stopped short of addressing contingency measures should hostilities prolong beyond that window or cause meaningful disruption to ongoing import shipments.

The announcement comes as global energy markets prepare to reprice risk in response to the Fujairah incident. Pakistan, which has been managing a fragile external account and is already navigating elevated import costs, faces additional fiscal pressure if crude prices surge or shipping insurance premiums rise substantially in response to the Gulf escalation.