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