Pakistan Joins Red Sea Maritime Defence Coalition to Safeguard Trade, Energy Routes

Pakistan is now part of a 14-country coalition, led by Saudi Arabia, established to secure vital maritime routes including the Red Sea, Bab el-Mandeb Strait, and Gulf of Aden. This alliance seeks to counter attacks on commercial ships and oil tankers, ensuring freedom of navigation and global energy security. The initiative aims to protect international trade and supply chains amidst rising threats in these strategically crucial waterways. Enhanced stability in these routes could help mitigate risks to global crude oil prices and supply chains, potentially easing import cost pressures for Pakistan and supporting the PKR.

بحوالہ / Source: www.brecorder.com