Across the border, the picture looked very different. Despite the same global oil shock and crude prices climbing above $120 per barrel, petrol and diesel rates in India stayed largely unchanged across major cities.

Across the border, the picture looked very different. Despite the same global oil shock and crude prices climbing above $120 per barrel, petrol and diesel rates in India stayed largely unchanged across major cities.

Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i