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 reserves.
Amid a Middle East fuel crisis and the closure of the Strait of Hormuz, the Indian government has ordered PNG users to surrender their domestic LPG connections immediately.
In a post on Truth Social, Donald Trump declared, "The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money."