Pakistan, June 1 -- Geopolitical crises often create economic losers and strategic winners. While most countries view regional conflicts primarily through the lens of security threats, some states are able to identify and exploit the commercial opportunities that emerge from shifting trade patterns. The ongoing instability in the Middle East presents such a moment for Pakistan.

For decades, Pakistan's strategic location has been described as one of its greatest assets. Yet successive governments have struggled to translate geography into sustainable economic gains. Today, however, changing regional dynamics may offer Islamabad an opportunity to finally capitalise on its position at the crossroads of South Asia, Central Asia, the Middle E...