Lahore – Diplomatic efforts between Washington and Tehran have not proven fruitful, after which President Donald Trump’s tough military measures have shocked the international community.
Despite the contacts in Pakistan, the parties could not agree on any agreement, which resulted in the naval blockade of Iran. This situation has shaken the global energy market and crude oil prices have reached record levels.
According to experts, the United Arab Emirates’ marine crude oil has also reached $ 98. The uncertainty in the region has created serious risks for the supply chain.
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