International oil benchmark Brent North Sea crude topped $100 a barrel on Thursday following Houthi rebel attacks on oil tankers in the Red Sea, escalating Middle East tensions. The surge reflects investor concerns that the conflict could lead to sustained high oil prices. This development could fuel global inflation expectations and potentially impact the US dollar's strength. For Pakistan, rising crude oil prices typically increase the import bill, which could put pressure on the rupee and overall economic stability.
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