$105 Oil Prices Spark Economic Fears in Pakistan Amid Middle East Crisis

The Middle East energy crisis has pushed oil prices to a new high of $105 per barrel, affecting countries dependent on imported fuel.

Pakistan is particularly vulnerable due to its limited domestic production and reliance on imported crude. The country's inflation rate has also been impacted by the rising cost of energy, which could lead to increased living costs for citizens.

The Iran-US conflict has contributed to the volatility in global oil markets, with many countries feeling the pinch of higher prices.