If the war between Iran and the United States escalates, the single biggest economic threat to Pakistan will come from oil.

Brent crude settled around $72.5 a barrel on Friday, already up nearly 19 per cent year-to-date, according to CNBC. Rumours are swirling of oil touching $100.

For Pakistan, even modest increases carry heavy consequences.

Read more here.

Opinion

Editorial

Dire straits
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Dire straits

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Ethnic targets
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Ethnic targets

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Poverty punished
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Poverty punished

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Banking inertia
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Justice imperilled
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Justice imperilled

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Toxic staple
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