Pakistan, Aug. 1 -- In a major development, Pakistan's largest refinery, Cnergyico, has signed a historic deal to import crude oil from the United States for the first time. The company will bring in 1 million barrels of West Texas Intermediate (WTI) light crude from the global energy firm Vitol. According to Vice Chairman Usama Qureshi, the cargo will be loaded from Houston this month and is expected to arrive in Karachi by mid-October.

This agreement marks a significant step in diversifying Pakistan's oil import sources, which are currently dominated by Middle Eastern suppliers. Qureshi explained that this is a test spot cargo under a broader agreement with Vitol, and if the oil proves commercially viable and available, Cnergyico plans...