Pakistan faces economic crisis as Middle East conflict disrupts shipping through Strait of Hormuz, fuel prices surge 20% across country
opindia.comMar 15, 2026
Pakistan's economy is reeling as the Iran-US conflict disrupts oil flows through the Strait of Hormuz. With fuel prices up 20%, the country faces soaring inflation, agricultural distress, and a potential $14 billion hit to its external payments and foreign re…