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What Does China-brokered Iran & Saudi Arabia Deal Mean For Pakistan? | Dawn News English
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A new ‘crude’ bloc involving Russia, Saudi Arabia, Iran and China is emerging, apparently at a cost to the US and the West. And crude oil is playing an important role in glueing together these four important global stakeholders in the energy world.
The developments carry ramifications for Pakistan too. The mending of fences between Riyadh and Tehran and their crude alliance with Russia and China could also mean higher oil import bills for Pakistan — already faced with a precarious economic condition.
On the geopolitical front, as well, Pakistan could soon be faced with a dilemma.
With Islamabad’s major allies, Beijing, Riyadh, and Tehran along with Mosccow joining hands, it may be tricky for Pakistan to neglect and stay away from this emerging bloc.
For Islamabad, a decision time could be approaching.
#saudiarabia #iran #saudinews #irandeal #china #internationalnews #pakistannews #pakistanlivenews #latestnews #latestnewspakistan #pakistannewstoday #dawnnewsenglish #dawnnews #pakistan
The developments carry ramifications for Pakistan too. The mending of fences between Riyadh and Tehran and their crude alliance with Russia and China could also mean higher oil import bills for Pakistan — already faced with a precarious economic condition.
On the geopolitical front, as well, Pakistan could soon be faced with a dilemma.
With Islamabad’s major allies, Beijing, Riyadh, and Tehran along with Mosccow joining hands, it may be tricky for Pakistan to neglect and stay away from this emerging bloc.
For Islamabad, a decision time could be approaching.
#saudiarabia #iran #saudinews #irandeal #china #internationalnews #pakistannews #pakistanlivenews #latestnews #latestnewspakistan #pakistannewstoday #dawnnewsenglish #dawnnews #pakistan
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