Tajikistan Seeks Iranian Oil as Russian Supply Collapses

Tajikistan's Transport Ministry announced a request to import 2.55 million tons of oil and petroleum products from Iran. This follows a severe fuel crisis in Russia, Tajikistan's largest supplier, which has disrupted supplies. The Central Asian nation signed over a dozen cooperation agreements with Iranian officials this week. This shift could add minor upward pressure on global crude prices, potentially influencing inflation expectations and indirectly affecting gold and USD/PKR rates in Pakistan.

بحوالہ / Source: oilprice.com