The US-Iran conflict has triggered a surge in global oil prices, pushing crude above $103 per barrel and unsettling financial markets. Pakistan has responded by considering a three-day smart lockdown to conserve fuel and reduce energy consumption, as rising oil costs strain national resources. Meanwhile, investors in Sydney have seen the ASX 200 fall for a fourth consecutive session, with bond yields climbing due to heightened Middle East tensions. The situation has prompted calls for a return to the US-Iran interim deal, which aimed to ease nuclear program concerns and stabilize regional relations. Governments are now facing pressure to balance energy security with economic stability amid ongoing geopolitical uncertainty.
US-Iran Tensions Drive Global Oil Prices Higher






























