Commodities
Pakistan Fuel Prices Soar Amid Middle East Conflict
The price of Brent crude has surged to $107.86 per barrel on September 11th, its highest level since May 2026.
This marked a significant increase of 13 percent from the previous week's prices.
The global oil market is grappling with the aftermath of the Middle East war, which has led to increased tensions and attacks on Saudi energy infrastructure and tanker traffic in the Red Sea.
The conflict is expected to continue beyond the US Mid-Term elections in November, as indicated by President Trump's statements.