World News

Pakistan suffers fall out from Middle East conflict as oil price surges

Without a doubt, the US-Israel war on Iran has had an impact on economies around the world. Global oil prices may have just taken a slight dip from Monday’s record surge since 2022. But overall prices are much higher than ten days ago. Pakistan is heavily dependent on imported fuel and higher prices have forced the government to resort to extreme austerity measures. Kamran Yousaf reports from Islamabad.

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