Middle East tensions oil prices Archives

Middle East tensions oil prices

Pakistan's oil import bill exceeds IMF estimate, reaching $16.86 billion in FY26

Pakistan’s Petroleum Import Bill Surpasses IMF Projections

Nayab Fatima2026-07-20

ISLAMABAD: Pakistan’s import costs for oil exceed IMF projections for fiscal year 2025-26, as a result of an unprecedented hike in international oil prices due to increasing tensions in the Middle East region. Documents show that the cost of importing petroleum to Pakistan per annum is $16.86 billion, higher than the previous IMF estimate. Why ... Read more

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