Islamabad has an opportunity to pitch the idea of ‘renting oil and gas storage facilities’ to the Arab Gulf states.

Iran appears to be letting tankers through on a case-by-case basis as it exploits its newfound leverage over the Mideast Gulf's oil and LNG exports.

Oil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Washington and Tehran. Iranian oil exports…