What key event in the Middle East contributed to rising global oil prices affecting Pakistan's economy in 2026?
A
A new OPEC agreement
B
Escalating regional conflict tensions
C
A drop in oil demand
D
A currency crisis in the Gulf
Correct Answer: Option B — Escalating regional conflict tensions
Explanation:
Escalating regional conflict tensions in the Middle East contributed to rising global oil prices, which in turn pressured Pakistan's inflati...
Escalating regional conflict tensions in the Middle East contributed to rising global oil prices, which in turn pressured Pakistan's inflation and economic growth outlook in 2026.