Global energy markets are grappling with the impact of the ongoing closure of the Strait of Hormuz amid the US and Israeli attack on Iran.
Federal Minister of Petroleum Ali Pervaiz Malik meets Saudi Arabian Ambassador to Pakistan Nawaf bin Said Al-Malki on Tuesday. Photo: Ministry of Energy/X
ISLAMABAD:
Oil Minister Ali Pervaiz Malik confirmed on Monday that Saudi Arabia has committed to supporting Pakistan’s energy needs by supplying oil through the Red Sea port of Yanbu. The 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 recent meeting with Nawaf bin Said Al-Malki, Saudi Arabia’s ambassador to Pakistan, the two leaders discussed a number of bilateral issues, focusing on strengthening cooperation between the two nations.
Islamabad: Federal Minister of Petroleum Ali Pervaiz Malik met 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, Ministry 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 sea route that carries a significant portion of Pakistan’s oil imports. He highlighted that Pakistan is closely monitoring the evolving situation as the shutdown threatens the stability of its energy supply.
Read more: The country has 28 days of fuel
“Support from brotherly nations like Saudi Arabia is crucial for Pakistan, especially in such difficult times,” Malik said. He assured that the Pakistani government is taking active measures to ensure continuous supply of energy to the citizens of the country.
During the meeting, the Saudi ambassador reaffirmed the kingdom’s commitment to Pakistan, offering assurances that oil supplies through the Yanbu port would be safe. Malik informed that a ship has been secured from Pakistan to Yanbu port to transport crude oil for Pakistan. He expressed hope that future shipments for Pakistan would be prioritized.
Ambassador Al-Malki, acknowledging the growing situation, said: “Saudi Arabia is fully aware of the circumstances and strongly supports Pakistan in meeting any urgent energy needs.” He stressed that the strong ties between the two countries will continue to be a source of support, particularly during these difficult times.
