Saudi Aramco Sets Record-High Premium for Arab Light Crude Amid Strait of Hormuz Disruptions
Saudi Aramco announces $19.50 per barrel premium for Arab Light crude to Asia amid Persian Gulf tensions and Strait of Hormuz disruptions, impacting global oil markets.
Global Oil Prices Skyrocket as Middle East Conflict Disrupts Energy Supply Chains
Energy markets face a massive 20 percent surge in oil prices as the US-Israel conflict with Iran threatens the Strait of Hormuz and sparks global stagflation fears.
Nobel Economist Philippe Aghion Says Middle East Conflict Unlikely to Trigger Another 2008 Financial Crisis
Nobel Prize-winning economist Philippe Aghion says the Middle East conflict may slow global growth but is unlikely to cause a financial collapse similar to the 2008 crisis, unless oil prices surge beyond $150 per barrel.
Pakistan Stock Market Plunges 8.3% as KSE-100 Faces Sharp Selloff Amid Global Oil Surge
Pakistan’s KSE-100 index drops 13,050 points or 8.29% in early trading, triggering market halt as investors react to soaring global crude oil prices and economic uncertainties.
Pakistan Raises Petrol and Diesel Prices by Rs55 Per Litre as Middle East War Disrupts Global Oil Supply
Pakistan increases petrol and diesel prices by Rs55 per litre amid Middle East conflict disrupting oil supply and pushing global crude prices to a two-year high.
Gulf and Pakistan Stock Markets Halt Trading as Middle East Conflict Sparks Global Market Turmoil
Major Gulf stock exchanges suspend trading and the Pakistan Stock Exchange halts equities after sharp declines amid escalating US‑Iran conflict, triggering panic selling and energy price fears.