Russia Offers Discounted Crude Oil to Pakistan Amidst Global Crisis

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Russia Offers Discounted Crude Oil to Pakistan Amid Global Crisis

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CNBC Awaaz•18-03-2026, 13:41

Russia Offers Discounted Crude Oil to Pakistan Amid Global Crisis

•Russia has offered discounted crude oil to Pakistan amidst global oil crisis and West Asia tensions.
•Russian Ambassador Albert Khorev stated that Moscow would sell oil at concessional rates if Pakistan officially contacts them.
•This offer could provide significant relief to Pakistan, which is currently facing severe economic challenges and rising fuel prices.
•The global oil market remains unstable, with supply affected by tensions between Iran and America and disruptions in the Strait of Hormuz.
•India, which previously bought discounted Russian oil, is now reportedly facing higher prices, impacting its energy security.

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