Pakistan receives first Russian oil under discount deal: PM ...Kuwait

The first shipment of Russian oil to energy-starved and dollar-strapped Pakistan was due to be unloaded at Karachi port on Monday, Prime Minister Shehbaz Sharif said. Since Russia launched its invasion of Ukraine last year, economic sanctions have seen a significant cut in its oil and gas exports to the European Union and United States. However Pakistan, in the midst of an economic downturn worsening a long-running energy shortage, in May confirmed it had struck a deal with Moscow to buy petroleum products. State Minister for Petroleum Musadik Malik previously said shipments will be paid for in currencies of "friendly countries", with Pakistan's US dollar reserves dan

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