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Economy & Trade April 30, 2026 395 stories in this edition

Pakistan’s IMF-backed recovery under pressure as US-Iran mediation stalls

SCMP Asia / Asia / 1m ago / Biman Mukherji
Pakistan’s IMF-backed recovery under pressure as US-Iran mediation stalls

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Pakistan’s bid to mediate between the US and Iran has put Islamabad near the centre of efforts to defuse the Middle East conflict, but with no lasting peace yet in sight, its fragile economy is becoming increasingly exposed to the fallout from the war. While soaring oil prices and disrupted flows through the Strait of Hormuz have led to turmoil in global energy markets, analysts said Pakistan has especially limited r...

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Pakistan’s bid to mediate between the US and Iran has put Islamabad near the centre of efforts to defuse the Middle East conflict, but with no lasting peace yet in sight, its fragile economy is becoming increasingly expo...

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