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 inflation and economic growth outlook in 2026.