Oil reserves

Pakistan PM directs shift to electric vehicles, strategic oil reserves amid regional tensions
Emphasizes that these initiatives are now crucial components of the country's long-term planning.
April 23, 2026

Bangladesh rations fuel as Mideast war deepens energy crunch
The move comes after recent US and Israeli strikes on Iran and Tehran’s retaliatory attacks across the Gulf raised fears of major disruptions in oil shipments. Bangladesh, a nation of about 170 million people that imports nearly 95% of its oil and gas, is particularly vulnerable to the resulting energy shock.
March 8, 2026
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Hormuz crisis: Iran war disrupts global oil supply, raises fuel prices
US and Israeli strikes on Iran in late February triggered retaliation around the Strait of Hormuz, disrupting a key global energy corridor and sending Brent crude oil prices above $90 a barrel, a surge of more than 25% in a week. The supply shock has driven sharp fuel price increases worldwide from the United States and Europe to Asia and Pakistan.
March 8, 2026

Iran announces discovery of major gold deposit: media
Iran has discovered a major gold vein at the Shadan mine in South Khorasan, significantly increasing reserves. The find aims to strengthen the economy amid sanctions and rising inflation
December 1, 2025