Soaring Energy Prices Spell Disaster For Pakistan

It seems that there is no end in sight for the Russia-Ukraine War, with tensions more likely to escalate rather than thaw. Finland and Sweden are on course to join NATO having completed their accession protocols while Moldova and Ukraine have been assigned NATO candidacy. Putin has made it clear that if NATO builds infrastructure in either Finland or Sweden then Russia will “respond in kind”. A further escalation of this war will have serious consequences for global energy markets, and the effects of the resultant energy crisis will…