Pakistan’s Eid Livestock Traders Losing as War on Iran Pushes Up Prices The ongoing conflict in Iran has cast a long shadow over the livestock trade in Pakistan, with traders reeling from rising costs and plummeting sales ahead of the Eid al Adha festival.
The war may be thousands of miles away, but its economic ripple effects are being felt acutely in Islamabad's cattle markets. A combination of factors is exacerbating the situation for Pakistani livestock traders.
Rising fuel prices have increased transport costs, forcing sellers to pass on higher expenses to consumers. Global demand for animal feed has also pushed up food costs, further eroding profit margins.