Islamabad, May 1 -- Pakistan has conceded its severe vulnerability to the current global oil shock, admitting that the nation lacks "strategic oil reserves like India", which have enabled New Delhi to mitigate the impact of escalating crude prices caused by Middle East hostilities.

The admission follows a surge in oil prices to USD 126 per barrel, the highest since 2022, as shipping remains obstructed in the Strait of Hormuz. In an interview with Samaa TV, Petroleum Minister Musadik Malik revealed that Islamabad possesses only a few days of crude supplies, highlighting a massive energy security deficit compared to India's estimated 60-70 days of combined strategic and commercial stocks.

"We don't have any strategic oil reserves... we on...