Iran-US & Israel War: Economic Implications for Pakistan
This policy comment examines the economic fallout of the Iran–US and Israel conflict for Pakistan, with a focused lens on rising petroleum prices and their downstream impact on the national economy. It critically assesses the government’s petroleum price adjustment, evaluates its adequacy against global oil market dynamics, and explores alternative policy approaches that could have better cushioned the economic burden. The comment concludes with strategic long-term recommendations to strengthen Pakistan’s energy security and build resilience against future external price shocks.
