Energy shockwaves: Middle East conflicts are quietly fueling Pakistan’s inflation crisis

For millions of Pakistanis, inflation is no longer an abstract economic term- it is a daily reality reflected in rising fuel prices, higher electricity bills, and increasing costs of basic goods. While domestic factors such as currency depreciation and fiscal constraints often dominate the conversation, a critical external driver is frequently overlooked: geopolitical tensions in the Middle East. From disruptions in the Red Sea to broader regional tensions, conflicts across the Gulf are sending shockwaves through global energy markets.

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