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14.03.26 - 10:30
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′Surviving loan by loan′: Pakistan′s wallet could take another hit from soaring oil prices (Times of India)
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Pakistan grapples with an escalating economic crisis as Middle East conflict disrupts vital oil shipments through the Strait of Hormuz. Soaring fuel prices are impacting farmers, urban commuters, and households, forcing difficult choices. With the nation already financially strained, prolonged energy shortages threaten to destabilize its economy further, affecting daily life and traditional celebrations....
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27.09.25 - 13:12
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Trump brags of ′massive′ oil deal in Pakistan – but drilling has not found any (The Guardian)
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Announcement of deal baffles experts and former ministers, who say there is no sign of any untapped reservesThe newfound camaraderie between the US and Pakistan was on full display this week as Donald Trump welcomed Pakistan's prime minister, Shehbaz Sharif, and the country's powerful army chief, Asim Munir, into the Oval Office, heralding them both as “great leaders”.Having been cold-shouldered by successive US presidents, this was the first time a Pakistani prime minister had been invited to Washington in more than six years. It was also the unprecedented second time this year that Munir – who holds no official government role – held an intimate meeting with Trump, which many took as a telling signal of where the power to cut deals really lies in Pakistan. Continue reading......
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