As of March 2, 2026, Pakistan's Ministry of Foreign Affairs has activated its Crisis Management Unit (CMU) in response to escalating tensions in the Middle East, particularly following the killing of Iran's Supreme Leader Ayatollah Ali Khamenei in US-Israeli airstrikes. The situation has worsened with renewed disruptions in the Strait of Hormuz, a critical energy corridor, raising fears of a spike in global oil prices and potential fuel shortages in Pakistan. Energy analysts warn that if the strait remains blocked for an extended period, oil prices could surge to between $100 and $150 per barrel, significantly impacting import-dependent economies like Pakistan. Currently, two crude oil tankers, including the Pakistan National Shipping Corporation’s MT Karachi, are stranded in the strait, exacerbating concerns over domestic supply stability.
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Pakistan Activates Crisis Management Unit Amid Middle East Tensions
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Pakistan activates its Crisis Management Unit amid Middle East tensions after Khamenei's death, fearing oil price surges and supply disruptions, while a committee monitors domestic fuel prices.
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