Gilgit, March 14 -- The ripple effects of tensions in the Middle East, compounded by economic mismanagement, are now being felt in Pakistan-occupied Gilgit-Baltistan, where the economic situation has deteriorated sharply as soaring fuel prices trigger a fresh wave of inflation.

The sudden increase in petrol prices has pushed up the cost of transportation and essential commodities, making everyday life increasingly difficult for residents. Schools in several areas have also been affected, as many families struggle with rising expenses and the growing cost of commuting.

Senior politician Shafqat Ali Inqalabi said the biggest impact has come from the steep rise in petroleum prices. He noted that fuel price hikes have become a routine pract...