Pakistan Plans to Boost LPG Imports and Mulls Cheaper Oil Supply from Iran

Pakistan is ramping up its imports of liquefied petroleum gas (LPG) from Iran and exploring the option of acquiring cheaper crude oil from the same country, as revealed by Minister of Petroleum Ali Pervaiz Malik. This move is significant given Pakistan's role as a mediator in U.S.-Iran talks and its strategic reliance on Iran for safe passage of LNG carriers during the recent Middle East crisis. By securing cheaper energy supplies, Pakistan aims to bolster its energy security and economic stability amidst fluctuating global energy prices.