ISLAMABAD: Pakistan’s UN ambassador warned on Sunday that the ongoing US-Iran war and its resulting energy supply disruptions have created inflationary pressures for millions across developing countries, urging the global body to ensure external financing and debt relief for them.
The US-Iran war has driven global oil prices higher and disrupted energy supplies to various countries since February. Pakistan, which mostly relies on fuel imports from the Middle East for its energy needs, has been forced to adopt austerity measures that include closing markets early and providing millions in fuel subsidies for transporters and motorcycle users across the country.
Pakistan’s Ambassador to the UN, Asim Iftikhar Ahmad, spoke at a…