
Strait of Hormuz Crisis Tests Pakistan's Economy
The Strait of Hormuz crisis is becoming an economic warning for Pakistan as fuel imports, LNG supplies, freight costs and inflation risks converge.
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The Strait of Hormuz crisis is becoming an economic warning for Pakistan as fuel imports, LNG supplies, freight costs and inflation risks converge.

Pakistan quotes two prices for the same dollar, and the distance between them has done more damage to the country’s external position over the past four years than almost any other single number.

WASHINGTON — Treasury Secretary Scott Bessent stood at a podium at the Treasury Department on Monday and announced what the Trump administration is calling an "economic D-Day" against Iran.