New Delhi, March 12 (IANS) Pakistan’s economy could come under pressure if global oil prices surge to $130 per barrel amid escalating tensions in the Middle East, according to a report.As per Arab News, the concerns by economists and industry experts follow a recent spike in crude prices above $110 per barrel after hostilities involving the United States, Israel, and Iran raised fears of disruptions to shipments through the Strait of Hormuz, a key waterway that carries nearly one-fifth of the …
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