Prime Minister Shehbaz Sharif said the ongoing conflict in the Middle East has dealt a serious blow to Pakistan’s economic progress made over the past two years. Addressing a federal cabinet meeting on Wednesday, the premier said that the conflict has triggered a sharp rise in global oil prices, creating an extraordinary situation in international markets. He added that Brent crude prices have surged to $114.64 per barrel.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Imran, Bushra blame establishment, rivals in Toshakhana 2 case as verdict looms

As the Toshakhana-2 reference moves towards its final stages, PTI founder and…

Biden administration to free half of frozen Afghan funds

On Feb 11, it was reported that the US government was seeking…

Sindh govt appoints new Karachi administrator

On Thursday, the Sindh government formally appointed Dr. Saifur Rehman as the…

IHC dismisses PTI’s plea seeking acceptance of MNA

Islamabad: The Islamabad High Court (IHC) on Tuesday dismissed a PTI plea…