Asia depends on oil and gas from the Middle East, sourcing 60 per cent of its crude from the region, making it highly vulnerable if the Iran war causes a prolonged closure of the Strait of Hormuz supply route. How much Middle Eastern oil does Asia import? The Middle East is the world’s largest oil-producing and exporting region, shipping one in four barrels of crude exports daily, mostly through the Strait of Hormuz. A pie chart depicting the share of Asia’s crude oil imports in 2025 via percentage. Middle East occupies 59pc of Asia’s crude oil imports — Reuters Asia imported 14.74 million barrels per day (bpd) of Middle Eastern crude in 2025, nearly 60pc of the record 25m barrels per day in total purchases for the region, according to data from shipping analytics firm Kpler. Saudi Arabia, the United Arab Emirates, and Iraq are the region’s top suppliers to Asia. A bar graph depicting the top crude oil suppliers to Asia. Saudi Arabia supplies a large amount of crude oil,...
Prime Minister Shehbaz Sharif on Monday announced a reward of Rs1.5 million for each player of the national hockey team following the team’s performance in the FIH Hockey World Cup qualifier, state-run Radio Pakistan reported. The announcement comes a day after the team secured a place in the upcoming hockey World Cup, marking their return to the tournament after an eight-year absence. It will be hosted jointly by Belgium and the Netherlands in August this year. Quoting a statement from the Prime Minister’s Office (PMO), Radio Pakistan said the team’s performance represented a “significant step towards promoting hockey in Pakistan”. The premier also “acknowledged the team’s hard work and dedication to the sport,” the statement added. As per the statement, the prime minister maintained that the participation of the team in the World Cup qualifiers — held in Egypt — had “generated excitement and enthusiasm among hockey fans”. The premier stressed the monetary reward was a “clear ...