Oil prices surged nearly 5% on Tuesday in response to escalating geopolitical tensions after Iran launched a barrage of missiles toward Israel. This action has sent shockwaves through the energy market, intensifying concerns over the stability of oil supplies from the Middle East.
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This tag provides stories related to oil prices. Pakistan Revenue is committed to provide latest updates on oil prices to the valued visitors. The update on oil prices are very important because those affect all segments of socity.
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Escalating Middle East Tensions Propel Oil Prices to 6-Month High
Oil prices surged to a six-month high, reaching levels not seen since October, as escalating tensions in the Middle East sent shockwaves through global markets.
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Oil prices fall by 15% since coronavirus outbreak
KARACHI: The international oil prices have fallen by around 15 percent since the outbreak of deadly coronavirus, analysts at Arif Habib Limited said on Tuesday.
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