Which regional conflict's 'intensification' was cited by Pakistan's central bank as a factor pushing up global commodity prices in its September 2026 policy statement?
A
Russia-Ukraine war
B
South China Sea tensions
C
Middle East conflict
D
Horn of Africa conflict
Correct Answer: Option C — Middle East conflict
Explanation:
The State Bank of Pakistan's Monetary Policy Committee specifically cited the recent intensification of the prolonged Middle East conflict as pushing already-elevated global commodity prices even higher.