Liberty Chowk

Prime Institute

Policy Ideas for Prosperity. Here we discuss free markets, the economy, business, politics, and research.

Episodes

  1. 25 Mar

    Rising Oil Prices in Pakistan and Import Dependence on Middle East - ft. Dr. Manzoor Ahmad

    Dr. Manzoor Ahmad discussed Pakistan’s economic outlook, which may face serious challenges as tensions around the Strait of Hormuz continue to escalate. In this discussion, an expert highlights how instability in this critical global energy route could significantly affect Pakistan’s already fragile economic conditions. The Strait of Hormuz is one of the world’s most important oil transit chokepoints, with a large share of global oil shipments passing through it every day. Any disruption in this region can lead to sharp increases in global oil prices, higher transportation costs, and uncertainty in energy markets. For a country like Pakistan, which relies heavily on imported fuel, such developments can put immense pressure on foreign exchange reserves, inflation levels, and the overall balance of payments. The discussion examines how rising energy costs could affect Pakistan’s industrial sector, electricity tariffs, and economic growth. Businesses may struggle with higher production costs, while households could face increasing prices of fuel and essential goods. At a time when the country is already dealing with fiscal constraints and external debt obligations, geopolitical shocks in key trade routes may further complicate economic recovery efforts. Experts also emphasize the importance of strategic planning, energy diversification, and stronger economic policies to reduce vulnerability to external shocks. As global tensions evolve, understanding the implications of the Hormuz crisis becomes essential for policymakers, businesses, and citizens alike.

    Rising Oil Prices in Pakistan and Import Dependence on Middle East - ft. Dr. Manzoor Ahmad
  2. 18 Mar

    CRISIS in the Strait of Hormuz and Pakistan

    It's been days, and the war in the Middle East has affected every economy. The Strait of Hormuz is one of the most important choke points in the global trade routes, holding 20-25% of the world's oil trade. We invite Dr. Nouman Mirza to discuss this growing crisis and its far-reaching consequences. The already crumbling economy of Pakistan is being affected by this recent global political crisis. The Iran-US-Israel conflict has disrupted global oil prices as supply decreases, insurance costs are rising, and global shipping charges are also on the rise. We unpack what is happening on the ground, why the Strait matters so much to global energy markets, and how rising tensions are affecting the movement of oil, cargo, and commercial vessels. The conversation also examines the knock-on effects on freight rates, maritime risk, insurance premiums, and supply chains, along with the broader implications for governments, businesses, and consumers. A major focus of the discussion is Pakistan’s vulnerability in the face of such a shock. We explore what higher fuel costs, shipping disruptions, and regional instability could mean for Pakistan’s economy, inflation, trade balance, energy security, and policy choices in the weeks and months ahead. This is an essential conversation for anyone trying to understand the economics of conflict, regional trade risk, and Pakistan’s strategic and economic exposure in a rapidly changing environment. #StraitofHormuz #PakistanEconomy

    CRISIS in the Strait of Hormuz and Pakistan

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Policy Ideas for Prosperity. Here we discuss free markets, the economy, business, politics, and research.