Islamabad seeks increased Russian oil imports amid Hormuz crisis, says Pakistan's envoy to Russia
Pakistan is seeking alternatives as the envoy said 22% of the world’s oil passes through the Strait of Hormuz.
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9 Articles
The US sanctions waiver on Russian oil expires on May 16th, restricting the purchase of Russian oil. Pakistan is planning to increase its purchases of Russian oil. Pakistan's ambassador to Russia has announced this plan.
Islamabad seeks increased Russian oil imports amid Hormuz crisis, says Pakistan's envoy to Russia
Pakistan's Ambassador to Russia Faisal Niaz Tirmizi said on Tuesday that Pakistan planned to increase oil imports from Russia due to the crisis in the Strait of Hormuz, as "Islamabad is looking for alternatives." During an interview with the Russian news agency TASS, the envoy stated that demand for Russian energy resources had surged amid the crisis around the strategic waterway. "We produce about 10% of the energy resources we need ourselves, …
Pakistan may consider higher crude oil imports from Russia amid Strait of Hormuz concerns
Pakistan is reportedly exploring the possibility of increasing crude oil imports from Russia as growing uncertainty around the Strait of Hormuz raises concerns over global energy supply stability, according to Russia’s state-run news agency TASS.
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