Global oil prices eased on Tuesday, with Brent crude futures down 0.9% to $88.44 per barrel and US WTI crude falling 0.9% to $82.50. This softening came amid reports of renewed mediation efforts between the US and Iran, despite recent exchanges of attacks. Analysts noted the market weighed these efforts against threats of a naval blockade. Lower international oil prices could potentially ease imported inflation pressures, indirectly influencing the PKR and local gold prices.
بحوالہ / Source: www.dawn.com