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EnergyDeveloping
7.0

Pakistani ride-hailing drivers face collapse as Middle East conflict drives fuel costs

Rising petrol prices triggered by geopolitical tensions in the Middle East are pushing Pakistani ride-hailing drivers to economic crisis, with drivers like Amjad Ali Khan reporting near-zero daily earnings after fuel and vehicle rental costs. The price surge follows February 28 US-Israel military action against Iran, disrupting Hormuz Strait oil flows and forcing Pakistan to raise petrol prices by Rs55 overnight. Driver attrition appears imminent as margins compress below subsistence levels.

Dawn (Pakistan)·PK · US · IR·about 4 hours ago
Confirmed