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Your email address will not be published.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

PM Sharif vows to drive economic growth, stability to Pakistan

Prime Minister (PM) Shehbaz Sharif Tuesday expressed the commitment to bringing economic…

PTI MPA arrested for alleged sexual harassment

Karachi: Additional Inspector General of Police (AIG) Javed Alam Odho said on…

Sanaullah accuses PTI of economic woes

Sargodha: Interior Minister Rana Sanaullah claimed that the Pakistan Muslim League-Nawaz (PML-N)…

PM Sharif calls for honouring financial pledges against climate change

Prime Minister Shehbaz Sharif has called on the global community to honour…