$3.2 bn oil deal between Pakistan and Saudi Arabia expires
(WorldNews Pakistan)

Islamabad: Saudi Arabia has stopped sending oil as the deal signed in November 2018 between the two close countries for provision of $3.2 billion worth of the fuel expired two months ago. Pakistan has not received the oil on deferred payments from Saudi Arabia since May. The $3.2 billion Saudi oil facility was part of the $6.2-billion Saudi Arabian package announced in November 2018 to ease Pakistan’s external sector woes, the Express Tribune reported on Friday. The agreement expired in May and efforts are being made by the Finance Division to renew the facility, Petroleum Division...