owais.usmani wrote:Following footsteps of India, Pakistan is also now looking into the possibility of importing cheap crude oil from Russia.
It is highly unlikely to happen since the Saudis are major bakers of Pakistan. Pakistan has wanted to buy oil and gas from Iran for eons but the Saudis and the US always "convince" them not to.
The thing which makes most financial sense for Pakistan, and India, is having piped oil and gas from Iran, it is right next door, plentiful and cheap. Both want it. But the Saudis and US always twist the Pakistanian's arms not to do it, and last decade the US managed to convince India as well not to even buy Iranian oil sent by ship.
Watch what is happening in Pakistan, Imran Khan went to Russia to buy wheat, and the US found a way to kick him out from government. And the current government is in the process of dismantling their own economy while under the control of the IMF.