At the start of this year, Pakistan had more imported liquefied natural gas (LNG) than it could use, with demand falling from a peak of 8.2 million tonnes in 2021 to 6.1 million tonnes by late 2025. The government sold excess gas shipments to other countries and shut down domestic gas wells to prevent pipelines from bursting under oversupply.
Look, investors didn't get what they wanted to hear last night. I think that it was pretty straightforward that there were a lot of people buying stocks, betting that this was going to be the official wind-down. Not more bombing.
Peyvand Naimi has been detained for more than a month in solitary confinement, appeared in a televised forced confession, and has undergone two mock hangings, beatings, interrogation, psychological torture and starvation.
Fuel price rises in March were the highest on record, adding an unprecedented 11 to the cost of filling up an average vehicle. The average cost for a litre of unleaded petrol rose by 20p in the month following America's strikes on Iran.