Brent crude oil prices rose from recent lows due to renewed US-Iran attacks, despite being down 33% from their April peak. The escalating Middle East crisis is keeping global investors cautious, influencing capital flows towards safer assets. This global uncertainty could shift capital. For Pakistan, rising crude oil prices could increase import costs, potentially impacting inflation and the PKR, while global risk aversion might support local gold prices.
بحوالہ / Source: www.brecorder.com