Houthi Attacks Spark Fears Over Pakistan's Oil Lifeline

The recent attacks on Saudi oil tankers and facilities by Houthi forces have sparked concerns about the impact on Pakistan's economy, which relies heavily on oil imports from Saudi Arabia.

Saudi Arabia, being the world's largest crude oil producer, has enough spare capacity to stabilize energy markets. However, the blockade of Bab-El-Mandeb has forced tankers to take a longer route through the Suez Canal, doubling fuel costs for countries like India and China.

Pakistan is particularly vulnerable, as it relies on Saudi Arabia for oil supplies, which are critical to its economy. A disruption in these supplies could lead to an existential crisis for Pakistan.

The Houthi attacks have also put pressure on Islamabad to take action against Iran, a move that would damage relations with its ally and compromise regional credibility.