Global financial markets turned cautious on Tuesday as escalating tensions linked to the Iran conflict pushed oil prices sharply higher, raising fresh concerns about supply disruptions and inflationary pressure. Read More: Oil prices surge as Strait of Hormuz closes again Brent crude rose by around 4.5% to $99.78 per barrel, while West Texas Intermediate climbed 5.3% to […]
global markets
Oil prices fall after diplomatic developments led by Pakistan
Global oil prices have dropped sharply following recent diplomatic developments led by Pakistan, which contributed to a ceasefire understanding between Iran and the United States. The easing of tensions has had an immediate and positive impact on international energy markets and investor sentiment. Read More: Oil Prices Drop After Pakistan Proposal Shakes Global Market According to […]
Oil prices surge as US Iran tensions escalate
Global oil markets recorded sharp gains as escalating tensions between the United States (US) and Iran raised fears of prolonged supply disruptions. Prices surged after President Donald Trump vowed to intensify military operations, heightening uncertainty in already volatile markets. Read More: IMF urges Pakistan to revise oil prices amid Middle East crisis Brent crude futures climbed nearly […]
Gold prices surge by Rs3,900 per tola in Pakistan
KARACHI – Gold prices in Pakistan continued their upward trend on Monday, rising by Rs3,900 per tola amid increasing rates in the international market. Read More: Gold prices fell sharply in Pakistan amid global market volatility According to the All Pakistan Gems and Jewellers Association, the price of gold per tola climbed to Rs475,962 after […]
Oil prices slip as Trump signals progress in Iran talks
Global oil prices edged lower in early trading on Friday, capping a volatile week as optimism over potential de-escalation in the Iran conflict weighed on markets. Prices retreated after US President Donald Trump said negotiations with Tehran were progressing “very well” and announced a temporary pause in attacks on Iran’s energy infrastructure. Read More: Oil […]
Stocks fall as Iran stance dampens market sentiment
Stocks at the Pakistan Stock Exchange declined on Thursday as renewed uncertainty over the Middle East peace process weighed on investor sentiment, following Iran firm stance that cast doubt on an early de-escalation. Read More: PSX witnesses strong bullish trend, gains 4,347 points The benchmark KSE-100 Index witnessed volatility throughout the session, trading between a high […]
Oil prices dropped as markets react to peace signals
Global markets rallied on Wednesday as oil prices dropped sharply following signs of possible de-escalation in the Middle East conflict, with investors responding to reports of a US peace proposal to Iran. Read More: Oil eases as inflation fears rattle global markets Both major crude benchmarks fell more than six percent, with Brent crude slipping below […]
Trump Iran policy shift unsettles markets and allies
WASHINGTON — Donald Trump once again demonstrated his unpredictable approach to foreign policy with a dramatic shift on Iran, sending shockwaves through global markets and raising fresh questions about the consistency of US strategy. Read More: Trump delays Iran grid attacks, says talks ongoing to end war After issuing stern warnings over the weekend, including a 48-hour ultimatum […]
Global gold prices tumbled sharply
Global gold prices tumbled sharply on Monday, hitting their lowest level in four months as rising geopolitical tensions and shifting interest rate expectations dampened investor demand for the precious metal. Read More: Gold prices increase by Rs 1,000 per tola Spot gold fell more than eight per cent during the session, touching a low of $4,097.99 […]
Indian Rupee hits record low amid conflict fears
Mumbai: The Indian rupee slid to a record low on Monday as escalating tensions in the Middle East raised concerns about prolonged disruptions to global energy supplies, posing risks to India’s economic outlook. Read More: Indian rupee falls past 90 per dollar on trade worries The currency weakened to 93.84 against the US dollar, surpassing its […]