Middle East Tensions Escalate: Dar, Kuwaiti FM Urge De-escalation Amid Strikes

Middle East Tensions Escalate: Dar, Kuwaiti FM Urge De-escalation Amid Strikes

Deputy Prime Minister Ishaq Dar and Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah discussed escalating Middle East security. Kuwait reported Iranian strikes on its power and oil facilities, while the US continued strikes on Iranian targets, prompting calls for restraint. Pakistan emphasized the urgent need to de-escalate tensions and respect sovereignty. Such geopolitical uncertainty could boost safe-haven demand for gold globally and increase crude oil prices, impacting Pakistan's import bill and the USD/PKR rate.

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