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Kafeel Hussain Urges Global Ceasefire Amid Rising Oil Prices and Economic Strain

Irfan Shaikh by Irfan Shaikh
March 30, 2026
Kafeel Hussain Urges Global Ceasefire Amid Rising Oil Prices and Economic Strain
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Renowned architect and business leader Kafeel Hussain has expressed deep concern over escalating global conflicts, warning that they are triggering a humanitarian crisis and destabilizing the world economy.

Shaheena Sheer Ali Presents Award to Hockey Player Samira Nasim

In a statement, he said ongoing wars in different regions are not only causing widespread human suffering but are also severely impacting global markets. He highlighted the continuous rise in oil and gas prices as a major concern, noting that it is placing an increasing burden on the poor and middle class worldwide.

Kafeel Hussain cautioned that without an immediate ceasefire, global inflation could intensify further, particularly affecting developing economies. He urged world powers and the United Nations to play an active role in ensuring peaceful resolutions to ongoing conflicts.

He emphasized that surging energy prices not only disrupt industrial activity but also drive up the cost of essential goods, making daily life more difficult for ordinary citizens. He called for urgent and effective global measures to address the energy crisis and stabilize markets.

Stressing the need for unity, he said the world must prioritize cooperation over conflict, adding that a collective international strategy could help end wars and ease inflationary pressures.

Kafeel Hussain expressed hope that global leadership would act wisely and prioritize peace to ensure a stable and prosperous future for coming generations

Tags: Economic CrisisEnergy CrisisGlobal ConflictInflationKafeel HussainOil PricesUnited NationsWorld Economy
Irfan Shaikh

Irfan Shaikh

Irfan Shaikh is the Editor and Publisher of Daily The AZB, covering business, economy, technology, corporate affairs and current affairs in Pakistan.

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