• About us
  • Privacy Policy
  • Disclaimer
  • Contact
Friday, October 16, 2026
Pragativadi I Latest Odisha News in English I Breaking News
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Tech
  • Quiz
  • Prativa Vikash 2026
  • Talent Search
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Tech
  • Quiz
  • Prativa Vikash 2026
  • Talent Search
No Result
View All Result
Pragativadi I Latest Odisha News in English I Breaking News
No Result
View All Result

Home » Pakistan Orders Early Market Closures in Islamabad as Energy Crisis Deepens Amid US-Iran War

Pakistan Orders Early Market Closures in Islamabad as Energy Crisis Deepens Amid US-Iran War

Ananya Pattnaik by Ananya Pattnaik
June 2, 2026
in Trending Now, World
Reading Time: 2 mins read
0 0
0
Pakistan
48
VIEWS

Pakistan has introduced strict new business operating hours in its capital city, Islamabad, as the country grapples with rising energy costs triggered by the ongoing conflict involving the United States, Israel, and Iran.


The Islamabad administration has directed markets, shopping centres, and retail outlets to close by 8 PM daily as part of an austerity campaign aimed at reducing electricity consumption and easing pressure on the economy.

Islamabad Announces New Business Timings

The decision, announced by the Islamabad district administration, came into effect on June 1, 2026. Under the revised rules, markets, shops, and shopping malls must close by 8 PM, while restaurants, bakeries, grocery stores, and food outlets can remain open until 10 PM.

Marriage halls, event venues, and marquees have also been instructed to conclude operations by 10 PM.

However, several essential services have been exempted from the restrictions. Hospitals, pharmacies, petrol pumps, dairy shops, sports facilities, call centres, and information technology companies serving international clients will continue operating under normal schedules.

Why Pakistan Is Facing an Energy Crisis

The latest measures come as Pakistan faces mounting economic pressure due to soaring global energy prices. The ongoing conflict in West Asia has disrupted energy markets and increased fuel import costs for several countries across Asia.

Pakistan relies heavily on imported oil and gas to meet its domestic energy requirements. The sharp rise in international crude oil prices has increased the country’s import bill, putting additional strain on foreign exchange reserves and inflation management efforts.

Strait of Hormuz Disruption Adds Pressure

One of the biggest concerns for Pakistan is the disruption around the Strait of Hormuz, a critical maritime route through which a significant portion of the world’s oil and natural gas supplies are transported.

Any instability in the region directly impacts fuel-importing nations, including Pakistan, by increasing transportation costs, insurance premiums, and overall energy prices.

Although some Pakistani fuel shipments continue to arrive, they are reportedly being transported at substantially higher costs than before the conflict.

Economic Impact on Businesses

The decision to reduce operating hours is expected to help lower electricity consumption, but it may also affect local businesses that traditionally rely on evening customers.

Many traders and shop owners have previously opposed similar restrictions, arguing that reduced business hours impact sales and profitability. In Pakistan, many commercial markets begin operations later in the day and remain active well into the evening.

Despite concerns from the business community, authorities maintain that the measures are necessary to conserve energy and stabilize the economy during a period of global uncertainty.

Government Pushes Austerity Measures

The early closure policy is part of a wider austerity strategy introduced by the government after fuel prices surged following the escalation of conflict in West Asia earlier this year.

Officials say the measures are intended to reduce electricity demand, control public spending, and protect the country’s economy from further shocks caused by volatile energy markets.

As geopolitical tensions continue to influence global oil supplies, Pakistan and several other energy-importing nations are expected to closely monitor developments and adopt additional measures if necessary.

Tags: austerity measuresEnergy Securityfuel pricesglobal energy crisisinflationIslamabadIslamabad marketsoil pricesPakistanPakistan economyPakistan energy crisisSouth AsiaStrait of HormuzUS Iran warWorld news
Previous Post

Elephant Tramples Man to Death in Dhenkanal

Next Post

Tigress Jinnat Delivers Four Cubs in Similipal

Ananya Pattnaik

Ananya Pattnaik

Related Posts

Odisha SI Exam Scam CBI Probe
Odisha

Odisha Police SI Exam Alert: 933 Posts, Written Test by Nov End

October 15, 2026
Special Summary Revision 2027
National

ECI Launches Special Summary Revision Drive Across States Ahead of 2027

October 15, 2026
Odisha Excise festive season crackdown
Crime

Festive Crackdown: Odisha Excise Seizes Rs 5.10 Cr Contraband, Arrests 470 in 5 Days

October 15, 2026
Next Post
Tigress Jinnat

Tigress Jinnat Delivers Four Cubs in Similipal

Odisha Weather Update

Odisha Weather Update: Heatwave Scorches Day, Nor'wester Strikes Evening

Ghaziabad Encounter

Ghaziabad Encounter Triggers Political Storm as Yogi Adityanath Defends Tough Action

Follow Us

  • 86.8k Followers

Recommended

Cheekatilo

Cheekatilo OTT Release Date: When and Where to Watch Sobhita Dhulipala’s Crime Thriller

9 months ago
Odisha flood

Odisha Flood Risk Contained for Now, No Rivers Above Danger Level: Minister Pujari

1 year ago
ISRO PSLV failure investigation

ISRO’s PSLV Fleet Halted After EOS-09 Setback, NISAR Mission Still on Track

1 year ago
Missing

Over 36000 women, 8400 children missing in past 4 years in Odisha, informs CM Mohan Majhi in Assembly

2 years ago

Instagram

Follow Now

Highlights

Kataka POCSO Court Sentences School Van Driver to 20 Years for Molesting Two Minor Sisters

Festive Crackdown: Odisha Excise Seizes Rs 5.10 Cr Contraband, Arrests 470 in 5 Days

Odisha Flood Compensation Review: Revenue Minister Sets 72-Hour Deadline for Relief Distribution

Odisha Bids Farewell to Governor Dr. Hari Babu Kambhampati in Heartfelt Ceremony

Minister Krushna Chandra Mahapatra Reviews Urban Readiness for Durga Puja 2026

Dharmendra Pradhan Urges Odisha CM Majhi to Act on Illegal Highway Parking in Mining Belts

Trending

Southwest Monsoon withdrawal India Odisha
Uncategorized

Northeast Monsoon Begins in South India as Odisha Prepares for Gradual Winter Chill

by Yajati Rout
October 15, 2026
0

The Southwest Monsoon has fully withdrawn from India and all districts of Odisha on October 15. Northeast...

Odisha SI Exam Scam CBI Probe

Odisha Police SI Exam Alert: 933 Posts, Written Test by Nov End

October 15, 2026
Special Summary Revision 2027

ECI Launches Special Summary Revision Drive Across States Ahead of 2027

October 15, 2026
Gouranga Marthi bribery conviction Bhubaneswar

Kataka POCSO Court Sentences School Van Driver to 20 Years for Molesting Two Minor Sisters

October 15, 2026
Odisha Excise festive season crackdown

Festive Crackdown: Odisha Excise Seizes Rs 5.10 Cr Contraband, Arrests 470 in 5 Days

October 15, 2026
Facebook Twitter Youtube RSS

ABOUT US

News, as it should be covered, has been the forte of Pragativadi over the years. And this has ensured a classy readership encompassing the who’s who of the state. The people who matter in Odisha, depend on Pragativadi. For opinion leaders, decision makers and people with surplus disposable income Pragativadi is a must.

Follow us on social media:

E-Library

Chayanika

by Yajati Rout
December 16, 2025
0

Unmesha

by Yajati Rout
December 16, 2025
0

© 2026 Pragativadi

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Tech
  • Quiz
  • Prativa Vikash 2026
  • Talent Search

© 2026 Pragativadi