Pakistan Faces Economic Challenges Amid Fuel Supply Disruptions and Price Increases
8 hours agoPolitics
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Pakistan Faces Economic Challenges Amid Fuel Supply Disruptions and Price Increases

Pakistan is experiencing economic strain due to disruptions in fuel imports caused by the Iran-US conflict affecting the Strait of Hormuz, a key shipping route for over 85% of its crude oil from Saudi Arabia and the UAE. The resulting fuel price hikes have increased transportation and food costs, impacting daily life and prompting government measures such as a four-day workweek, remote schooling, and requests for alternative oil routes. Regions like Gilgit-Baltistan face heightened inflation and reduced mobility amid these challenges.

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