Saudi Arabia offers to Supply Oil to Pakistan on Loan

ISLAMABAD: Saudi Arabia wants to supply oil to Pakistan. Finance Minister Shaukat Tareen has said that Pakistan is reviewing the offer made by Saudi Arabia. 

According to details, after Saudi Arabia re-offered oil to Pakistan on loan, Federal Finance Minister Shaukat Tareen said that talks are underway after reviewing Saudi Arabia’s offer. Pakistan is trying to get oil on loan through agreeable terms.

In this regard, the situation will become clear in the coming days. Finance Minister Shaukat Tareen said that oil prices in the global market have been steadily rising, but the government of Pakistan did not increase the prices of petroleum products until now. However, now the increase in prices has become inevitable.