How much crude oil prices increase in global market?
The recent increase in prices is being attributed to the US-Iran tension, with the price of British crude oil increasing by another 62 cents, after which the new price per barrel reached $71.39.
The price of US crude oil in the global market increased by 37 cents, after which the price per barrel reached $66.21. The economy is heading towards recession due to wrong policies.
It should be remembered that oil prices are increasing due to the statements of the US President about Iran and news about war. If the increase in oil prices continues, it will also have an impact on the prices of petroleum products in Pakistan.
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