Oil Prices Stabilize After US Threatens to Blockade Iran Indefinitely
The global oil market has stabilized after the US threatened to blockade Iran indefinitely.
In Pakistan, the oil prices were affected by this development. The decrease in oil prices was seen across various stocks, including BOP and OGDC, which decreased by -2.41% and -0.14%, respectively.
On the other hand, some stocks like CNERGY and FFL showed an increase of 4.35% and 1.66%, respectively.