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Pakistan is planning to increase its oil imports from Russia as tensions continue around the Strait of Hormuz, according to Russia’s state news agency TASS. The report cited Pakistan’s ambassador to Russia, Faisal Niaz Tirmizi, as the source of the information. However, there has been no immediate official comment from the Pakistani government regarding the plan.

In April of this year, Russia’s energy export revenue rose by 4 percent compared to the previous month, reaching 733 million euros per day, the highest level in two and a half years. In U.S. dollar terms, this amounted to approximately 861 million dollars per day. Analysts noted that rising tensions in the Middle East and uncertainty in the Strait of Hormuz could significantly affect energy supply and market stability.

The reported plan suggests Pakistan may be seeking to secure its energy needs amid global supply concerns linked to regional instability.

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