Renewed US-Iran tensions have driven crude oil prices towards their sharpest weekly gain in three months, impacting global markets. This geopolitical uncertainty led to selling pressure at the Pakistan Stock Exchange, with the KSE-100 Index shedding over 500 points, mirroring declines in other Asian stocks. Such elevated geopolitical risk and rising oil prices could potentially increase safe-haven demand for gold and put pressure on the Pakistani Rupee.
بحوالہ / Source: www.brecorder.com