Islamabad (Commerce Desk): Crude oil prices have risen further in international markets, with Brent crude climbing 1.32% to $115.37 per barrel, while US West Texas Intermediate crude gained 1.48% to trade at $101.36 per barrel.
The impact of rising global oil prices is becoming increasingly evident in Pakistan’s economy, putting upward pressure on the country’s import bill.
Higher crude oil costs pushed Pakistan’s imports in September 2026 to their highest level in 51 months. During the period, the country’s import bill exceeded $6.17 billion, with total imports recorded at approximately $6.2 billion.
According to experts, increased imports of petroleum products and food items have played a significant role in raising import expenditure. Rising oil prices in international markets are adding further pressure to Pakistan’s import costs.
Economic analysts warn that the growing import bill could pose a major challenge to the national economy and the balance of external payments. They say the government needs to adopt an effective strategy to address the situation.