Pakistan

Iran allows oil tankers to enter Pakistan

Published by
Abdul khalique

TEHRAN: Despite the ongoing tensions in the region, Iran has agreed to allow ships carrying oil to Pakistan to pass.

According to sources, three ships will arrive in Pakistan carrying oil from Kuwait, which is expected to improve the country’s energy supply.

It should be noted that this development has come at a time when tensions in the Strait of Hormuz have raised concerns about global oil shipments. Experts say that any disruption to this important route can have profound effects not only on the region but also on the global economy.

Bilal bin Saqib, Special Assistant to the Prime Minister on Crypto Council, has said in this regard that the crisis in the Strait of Hormuz is not limited to oil alone, but its effects are spreading to the global supply chain.

He said that the fluctuations in oil prices are the initial stage of this crisis, while the real effects may emerge in the coming days.

Iran’s permission may provide temporary relief to Pakistan, but the overall situation in the region is still uncertain. After this development, the government is also considering alternative energy sources and stabilizing the supply chain.

On the other hand, public circles have expressed satisfaction with this news and have expressed hope that the improvement in oil supply will reduce the energy crisis in the country.

Abdul khalique

Recent Posts

IMF projects higher inflation than government’s target

ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…

46 minutes ago

PM Shehbaz condemns attacks on KSA, reaffirms Pakistan’s solidarity

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…

1 hour ago

Gold prices drop by Rs5,600 per tola in Pakistan

KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…

2 hours ago

When will Safar moon be sighted? SUPARCO predicts

ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…

3 hours ago

11 died as house collapses in Kohat after heavy rains

KOHAT: A residential house collapsed due to heavy rain in the Malgin area of ​​Lachi…

4 hours ago

Alternative to the Strait of Hormuz Ready: UAE Decides to Build New Port

ABU DHUBAI: The United Arab Emirates has prepared a plan to establish a new multi-purpose port…

4 hours ago