{"id":23528,"date":"2026-08-31T16:19:16","date_gmt":"2026-08-31T11:19:16","guid":{"rendered":"https:\/\/pakalerts.net\/english\/?p=23528"},"modified":"2026-08-31T16:19:16","modified_gmt":"2026-08-31T11:19:16","slug":"pakistans-oil-import-bill-rises-to-1-28-billion-in-july-amid-higher-global-energy-costs","status":"publish","type":"post","link":"https:\/\/pakalerts.net\/english\/?p=23528","title":{"rendered":"Pakistan&#8217;s oil import bill rises to $1.28 billion in July amid higher global energy costs"},"content":{"rendered":"<p><strong>Islamabad: Pakistan&#8217;s oil import bill rose to $1.28 billion in July, equivalent to approximately Rs357.05 billion, as higher global energy costs continued to increase the financial burden on fossil fuel-importing economies.<\/strong><\/p>\n<p>India&#8217;s crude oil import bill increased by more than 56%, while the estimated additional cost faced by economies globally reached around $330 billion.<\/p>\n<p>In Pakistani currency, the estimated additional global cost amounts to approximately Rs9.205 trillion.<\/p>\n<p>According to the Centre for Research on Energy and Clean Air, fossil fuel-importing countries faced an estimated $330 billion in additional costs over six months following the Iran war and disruptions in the Strait of Hormuz.<\/p>\n<p>The European Union faced the largest additional financial burden, estimated at approximately $78 billion.<\/p>\n<p>China ranked second with an estimated additional cost of $35 billion, followed by India at $22 billion.<\/p>\n<p>The disruption in global energy markets has also contributed to higher import costs for oil-dependent economies, including Pakistan, increasing pressure on their trade and financial positions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan&#8217;s oil import bill rose to $1.28 billion in July, equivalent to approximately Rs357.05 billion, as higher global energy costs continued to increase the financial burden on fossil fuel-importing economies. India&#8217;s crude oil import bill increased by more than 56%, while the estimated additional cost faced by economies globally reached around $330 billion. In [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":22872,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowgLK2DA:productID":"","_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[47,46,36],"tags":[116,1596,6036,2797,13516,5502,154,11311,13515,62,11362],"class_list":["post-23528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-important-news","category-latest","category-pakistan","tag-china","tag-crude-oil","tag-energy-crisis","tag-european-union","tag-fossil-fuels","tag-global-oil-market","tag-india","tag-iran-war","tag-oil-import-bill","tag-pakistan","tag-strait-of-hormuz"],"_links":{"self":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/23528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23528"}],"version-history":[{"count":1,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/23528\/revisions"}],"predecessor-version":[{"id":23529,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/23528\/revisions\/23529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/media\/22872"}],"wp:attachment":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}