Pakistan is facing one of its worst energy crises in recent history. As global oil prices surge and the Strait of Hormuz remains dangerously unstable, Pakistan’s already fragile economy is taking a severe beating. The country’s oil import bill has reportedly jumped from $300 million to $800 million, pushing millions of households deeper into financial hardship. Background: A Crisis Long in the Making Pakistan’s energy crisis did not begin in 2026. The roots go back years, shaped by poor energy planning, circular debt, and excessive dependence on imported fuel. Since…
Read MorePakistan Energy Crisis 2026: Dawn Warns of Deepening Economic Emergency
