Attacks on Gulf energy infrastructure 'worrying' for outlook: Pakistan finance minister
Pakistan's finance minister Muhammad Aurangzeb told AFP that Pakistan had so far withstood the shock from skyrocketing energy prices due to the Iran war and had procured enough energy supplies to last through November. He said attacks on infrastructure in Saudi Arabia and other Gulf countries were worrying for the country's longer-term economic outlook, and that Pakistan would not procure spot LNG cargoes unless there was an absolute dire need. He said damage to such sites would delay a return to economic normalcy even if the escalation subsided.
Why it matters: The interview ties the Iran war and attacks on Gulf energy infrastructure to energy security and Pakistan's macroeconomic outlook.