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Can Pakistan handle the oil price surge triggered by the Israel-Iran conflict?

Israel-Iran tensions have sent crude oil prices soaring over 7%

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Habib Khan

Correspondent/Producer

Abdul Habib Khan is a dedicated professional, holding a B.S in Mass Communication from the University of Karachi. With over 9 years of experience in journalism, social media management, and content writing, with notable roles at Nukta, Suno News, and 24 News HD.

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Israel-Iran tensions have sent crude oil prices soaring over 7%, hitting Pakistan’s $12.8 billion petroleum import bill hard.

With inflation rising and the rupee at risk of falling to PKR 285 per dollar, can Pakistan handle this economic shock without burdening its people? The government faces tough choices ahead.

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