00:00Governments are continuing to roll out emergency measures as disruptions to oil production and shipping shake global markets.
00:08From austerity plans to fuel price caps, countries are moving quickly to protect their economies.
00:14Pakistani Prime Minister Shebas Sharif says government offices will shift to a four-day work week,
00:21while colleges will remain closed for the next two weeks.
00:24All government vehicles will also receive 50% less fuel for the next two months,
00:30while parliamentarians will take a 25% pay cut.
00:34Meanwhile in Hungary, the government has announced a cap on fuel prices
00:38and a release of strategic oil reserves to help stabilize supply.
00:42The decision followed an emergency meeting on Monday,
00:45as Prime Minister Viktor Orban urged the European Union to suspend sanctions on Russian energy.
00:51Over in Japan, authorities have ordered national oil storage facilities
00:55to prepare for a possible release of strategic reserves.
01:00The Economy Ministry says stockpile sites have been told to make the necessary preparations
01:05should the government decide to tap into its emergency supplies.
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