Pakistan, Aug. 20 -- Petroleum Minister Ali Pervaiz Malik has defended frequent changes in fuel prices in Pakistan. He said global oil prices change daily, forcing local prices to adjust accordingly. Malik rejected criticism that he personally changes fuel prices every day. He said the government only implements changes based on international market movements. He made the remarks while addressing the Pakistan Energy Conference in Islamabad.

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Malik said fuel prices are linked to changing conditions in international markets. He explained that global fuel prices can change on a daily basis. Therefore, Pakistan must adjust domestic prices according to market developments. He sai...