PM Imran forms committee to probe petrol crisis.

ISLAMABAD -- Prime Minister Imran Khan has constituted a four-member committee to investigate the shortage of fuel that affected millions of Pakistanis in June.

The committee will be headed by PM's special assistant Shahzad Syed Qasim and includes former DG (Oil) Petroleum Division Rashid Farooq, CEO Petroleum Institute of Pakistan Asim Murtaza and former senior general manager PSO Naazir Abbas Zaidi and will submit its report on July 10. The convener of the committee can include any other members as well, according to a notification issued from the PM's office.

The committee will explain the impact of price reduction on the import and availability of petrol.

It will identify hoarding by oil marketing companies, including curtailment of supply from depots to retail outlets, as well as hoarding by petrol stations.

The inquiry committee will identify whether the availability of petrol this year was higher than compared to what it was in the corresponding months of last year, and the impact of coronavirus pandemic on the fuel availability, if any.

It has also been...