امریکی مڈٹرم سے قبل پٹرول، ہیٹنگ آئل کی قیمتیں بلند؛ مہنگائی کا دباؤ بڑھا

Average gasoline prices in the United States have officially surpassed any point during Joe Biden's presidency, with heating oil up 74% and gasoline 34% higher. These blisteringly high energy costs are a major factor as voters head to the polls for midterm elections, highlighting the power of global energy markets over domestic politics. The sustained high energy prices contribute significantly to US inflation, potentially influencing the Federal Reserve's monetary policy stance. For Pakistan, continued US inflation and potential Fed hawkishness could strengthen the US dollar, impacting the USD/PKR exchange rate and international gold prices.

بحوالہ / Source: oilprice.com