How High Could Oil Prices Go If Iran Shuts Strait of Hormuz?

PESHAWAR– Global oil markets showed immediate volatility Monday after reports emerged that Iran’s parliament has approved a proposal to close the strategically vital Strait of Hormuz, triggering fresh concerns about the impact on global supply and prices. As trading began in international markets early Monday morning, the price of Brent crude oil suddenly surged by […]

Pakistan Closes Border with Iran in Balochistan Indefinitely 

Pakistan Closes Border with Iran in Balochistan Indefinitely 

PESHAWAR: Pakistan closes border with Iran indefinitely to address security concerns amid escalating tensions in the region. The move affects the major border crossings in Balochistan’s Panjgur, Gwadar, and Kech districts. Authorities have implemented these measures to ensure public safety and maintain stability in the area.  District officials in Panjgur have suspended all movement through […]