Global energy markets are grappling with the impact of the ongoing closure of the Strait of Hormuz amid the US-Israeli attack on Iran.
Federal Minister for Oil Ali Pervaiz Malik is meeting Saudi Ambassador to Pakistan Nawaf bin Said Al-Malki on Tuesday. Photo: Ministry of Energy/X
ISLAMABAD:
Oil Minister Ali Pervaiz Malik has confirmed that Saudi Arabia is committed to meeting Pakistan’s energy needs by supplying oil through the Red Sea port of Yanbu. This assurance comes at a time when global energy markets are grappling with the impact of the ongoing closure of the Strait of Hormuz.
In a meeting on Wednesday with Nawaf bin Said Al-Malki, Saudi Arabia’s ambassador to Pakistan, the two leaders discussed a range of bilateral issues, focusing on strengthening cooperation between the two countries.
Islamabad: Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with HE Nawaf bin Said Al-Malki, Ambassador of the Kingdom of Saudi Arabia to Pakistan. Pakistan had requested an alternative supply route through the Red Sea port of Yanbu, Saudi Arabia assured its full support. pic.twitter.com/z7ZG35Cq8b
– Petroleum Division, Department of Energy (@Official_PetDiv) March 4, 2026
Malik briefed the ambassador on the current state of global energy markets and the challenges posed by the closure of the Strait of Hormuz, a vital shipping lane that carries a significant portion of Pakistan’s oil imports. He stressed that Pakistan was closely monitoring developments as the shutdown threatens the stability of its energy supplies.
Learn more: The country has 28 days of fuel
“Support from brotherly nations like Saudi Arabia is crucial for Pakistan, especially in these difficult times,” Malik remarked. He reassured that the Pakistani government was taking active steps to ensure continuous energy supply to the citizens of the country.
During the meeting, the Saudi ambassador reaffirmed the kingdom’s commitment to Pakistan, offering assurance that oil supplies through Yanbu port would be secure. Malik informed that a ship has been assured to be sent from Pakistan to Yanbu port to transport crude oil for Pakistan. He expressed hope that future shipments would be given priority to Pakistan.
Ambassador Al-Malki, acknowledging the growing situation, said: “Saudi Arabia is fully aware of the circumstances and stands firmly with Pakistan in meeting any urgent energy needs. » He stressed that the close ties between the two countries would continue to be a source of support, particularly in these difficult times.
