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The Nexus
BUSINESSJul 27 · 02:58 UTCDAWN[email protected] (Shamsul Islam Khan)

Green alternatives to oil dependence

Pakistan's trade deficit surged to $39.47 billion in FY26, driven by a 32.1% increase in crude oil imports and rising petroleum import costs. The article highlights the need to shift to solar power, battery storage, and electric mobility to reduce reliance on imported fossil fuels, which contribute significantly to the trade deficit.

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