Iran Agrees to Allow Oil Tankers Heading to Pakistan Amid Strait of Hormuz Concerns

Islamabad: Iran has agreed to permit three oil tankers carrying fuel to Pakistan, easing concerns over supply disruptions amid tensions in the Strait of Hormuz.

According to reports cited by Geo News, the vessels will transport oil from Kuwait to Pakistan.

Meanwhile, Special Assistant to the Prime Minister on Crypto Council, Bilal Bin Saqib, warned that the Strait of Hormuz crisis is expanding beyond oil and could significantly impact global supply chains.

He stated that the current oil shock is only the first phase, cautioning that a broader crisis may emerge in the near future.