ISLAMABAD/SINGAPORE — Days after Iran effectively blocked shipping through the Strait of Hormuz following the start of U.S. and Israeli attacks in late February, two Pakistani electric motorbike outlets 1,400 km away found themselves overwhelmed with enquiries. Haseeb Bhatti, who retrofits petrol-fuelled bikes with battery-powered motors in the northern city of Rawalpindi, said his March sales surged 70 percent. For Ali Gohar Khan, who owns a 7-year-old electric motorbike retail franchise with branches across Pakistan, the recent surge in sales is the steepest ever. “People have this fear that maybe in the near future, they might not get petrol at all,” Khan said. The Middle East crisis has sent global fuel prices soaring, compounding pain for Pakistanis already hit by inflation and a post-pandemic economic downturn. As the nation imports nearly all its oil through the Strait of Hormuz, shortage rumours took hold despite the government’s supply assurances. About 40 percent of Pakistan’s petrol is used to fuel the 30 million two-wheelers and three-wheeled autorickshaws that dominate ro
