Lahore (Urdu Point / Pakistan Point News – 6 March 2026) Lahore Chamber of Commerce and Industry President Fahimur Rahman Saigul expressed concern over rising tensions in the region. middle East and the rise in global oil prices, considering that the situation may have economic implications for Pakistan.
This came in a media statement issued today, Friday Pakistan It is an oil importing country and there is a significant increase in global oil supply Prices It may lead to higher import bill, inflationary pressure and pressure on the nation currency. He said long-term geopolitical tensions could increase industrial costs and impact overall a job activity.
Saigol urged the government to adopt timely economic measures, promote alternative energy sources and take steps to manage the import bill while encouraging exports. He also stressed the need to ensure uninterrupted electricity and gas supplies to industries so that production activities remain stable.
Fahimur Rahman Saigul said that close coordination between the government and the business community is necessary to effectively deal with emerging economic challenges. He added that the Lahore Chamber of Commerce and Industry will continue to play its role for economic stability and promoting commercial activities in the country.