Brent crude futures climbed 2.37% to $90.19, with US WTI crude up 2.07% to $84.20, driven by intensified US-Iran strikes and threats to the Strait of Hormuz. Both benchmarks saw significant weekly gains, reflecting market concerns over supply disruptions. This surge in global oil prices could worsen Pakistan's import bill, potentially impacting USD/PKR and domestic inflation.
بحوالہ / Source: www.brecorder.com