Oil Prices Surge on Renewed Middle East Tensions, Set for Sharpest Weekly Gain

Oil Prices Surge on Renewed Middle East Tensions, Set for Sharpest Weekly Gain

International crude oil prices are set for their sharpest weekly gain in three months, fueled by renewed hostilities in the Middle East. This surge is impacting global market sentiment, prompting investors to reassess risk. Such geopolitical developments could potentially increase safe-haven demand for gold in Pakistan, while also influencing local inflation and the PKR.

بحوالہ / Source: www.brecorder.com