Tag: Oil imports
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Growing Oil Prices and Their Impact on Pakistan’s Economy
This article is written by Major (r) Haroon Rasheed. As geopolitical tensions in the Middle East continue to rise, the economic ripple effects are beginning to reach far beyond the conflict zone. The ongoing war between Israel and Iran, now entering its second week, has already caused significant volatility in global oil markets—posing a serious…
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Saudi, Emirati leaders decline Calls with Biden during Ukraine crisis
The White House tried unsuccessfully to talk to Saudi Crown Prince Mohammed bin Salman and Crown Prince Mohammed bin Zayed of Abu Dhabi in the United Arab Emirates. Both leaders refrained from speaking to Biden.