LONDON: Oil prices fell sharply on Monday after US President Donald Trump indicated that Iran was “seriously talking” with Washington, suggesting a potential de-escalation in tensions that had previously pushed crude to multi-month highs. Read More: Oil holds near six-month high amid US-Iran tensions Brent crude futures declined $2.81, or 4.1%, to $66.51 per barrel, while […]
geopolitical risk
FDI drops sharply on regional tensions
Foreign direct investment (FDI) plunged 43 per cent during the first half of the current fiscal year, deepening challenges for the government as it seeks to revive overseas capital inflows amid rising geopolitical uncertainty. The sharp decline underscores the fragile sentiment of foreign investors, exacerbated by tensions in the broader region. Read More: Pakistan receives […]