Trump Blames Iran for Saudi Pipeline Attack, Heightening Tensions

US President Donald Trump indicated Iran was probably behind the aerial attack on Saudi Arabia's East-West pipeline, a key crude export route that bypasses the Strait of Hormuz. This accusation follows an attack that shut down the vital oil conduit. Trump's comments, made in Dublin, escalate geopolitical tensions in the Middle East, with Yemen's Houthis also indicating they don't want direct US involvement. Such heightened regional instability and potential oil supply disruptions could support international gold prices and put upward pressure on crude oil, indirectly affecting Pakistan's import bill and PKR.

بحوالہ / Source: www.brecorder.com