Iran's Revolutionary Guards reported targeting a US special operations command centre in Syria, citing retaliation for Iranian soldier deaths. More significantly, the Guards also declared full control over the Strait of Hormuz, vowing to block oil and gas exports through the vital waterway if US attacks continue. This escalation in Middle East tensions, particularly the threat to global oil supply, could drive up crude oil prices. For Pakistan, higher crude prices would likely increase import costs, potentially weakening the PKR and fueling domestic inflation, while also supporting gold's safe-haven appeal.
بحوالہ / Source: www.brecorder.com