Alberta Votes on Canada Breakup, Raising Oil Market & Economic Uncertainty

Alberta, holding the world's fourth-largest oil reserves, is voting on whether to pursue a binding referendum on separating from Canada, driven by anger over federal energy policies. Prime Minister Mark Carney cautioned that a separatist win would cause "huge uncertainty" and economic underperformance, drawing parallels to Brexit. The vote's outcome could significantly impact global oil markets and investor sentiment. This geopolitical development could increase demand for safe-haven assets like gold and potentially influence crude oil prices, affecting Pakistan's economy and the USD/PKR rate.

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