Caroline Davies

This is a dramatic increase in the price of fuel here in Pakistan. And the government here is tying it directly to the war in Iran. Now Pakistan is highly dependent on imported oil, a large amount of which comes through the Strait of Hormuz. And in fact this is the second time that Pakistan's government has increased the price of fuel since the conflict began, which means that petrol has now increased 77% since the beginning of this conflict, and diesel by 87%.

Now, Pakistan's government did announce some subsidies for certain groups, including motorcycle users, small farmers, passenger buses amongst them. But the major concern is that this will filter into inflation, and many here in Pakistan will already be making assessments about how often and how far they travel.