Pakistan is evaluating the resumption of crude oil imports from Iran following a temporary easing of United States sanctions on Tehran.
The development marks a significant shift in energy sourcing for the South Asian nation, which had previously cut off Iranian supplies to comply with Washington's pressure campaign.
The prospect of Iranian oil re-entering the market adds to the supply-side pressure that has already driven Brent crude below $75.
According to reports from Dawn Business, the potential return of Iranian barrels hinges on discount levels, domestic demand, and the technical readiness of Pakistani refineries to process heavier crude grades.
The prospect of Iranian oil re-entering the market adds to the supply-side pressure that has already driven Brent crude below $75.
Markets are pricing in a broader normalization of Iranian exports, with flows returning to Western destinations as part of a wider diplomatic thaw.
This influx of supply is expected to cap upside momentum in oil prices, particularly as global demand growth remains modest.