DAWN.COM

Today's Paper | March 02, 2026

Published 02 Mar, 2026 12:44am

With the Gulf lighting up, oil emerges as Pakistan’s biggest economic risk

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.

Read Comments

Khamenei — the supreme leader who held ultimate control over Iran’s political, military, religious institutions Next Story