This policy comment examines the economic fallout of the Iran–US and Israel conflict for Pakistan, with a focused lens on rising petroleum prices and their downstream impact on the national economy. It critically assesses the government’s petroleum price adjustment, evaluates its adequacy against global oil market dynamics, and explores alternative policy approaches that could have better cushioned the economic burden. The comment concludes with strategic long-term recommendations to strengthen Pakistan’s…

This analysis by Brig (r) Said Nazir, senior associate, IPS, examines the evolving Iran vs US-Israel war and the strategic implications of a widening regional war. This policy insight explores Iran’s shift toward a long war of attrition, the position of Gulf states, and the geopolitical calculations shaping the Middle East security landscape. It also evaluates the role of major powers like China and Russia amid the changing global order.…